S0711B1460A04106     MSP:JSL  10/03/09     #90        A04106

  

  

  

  

AMENDMENTS TO SENATE BILL NO. 711

Printer's No. 1460

  

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Amend Bill, page 168, line 29, by inserting a bracket before

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"Each"

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Amend Bill, page 168, line 29, by inserting after "Each"

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] Except as provided in subsection (b.1), each

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Amend Bill, page 169, by inserting between lines 11 and 12

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(b.1)  Daily assessment.--For fiscal years 2009-2010 through

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2012-2013, each active and operating licensed gaming entity

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shall pay a daily assessment to the Pennsylvania Race Horse

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Development Fund equal to 12% of each licensed gaming entity's

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gross terminal revenue for that day.

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Amend Bill, page 169, by inserting between lines 22 and 23

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(e)  Report.--Category 1 licensees shall report annually to

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the board and to the respective racing commission as to how the

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introduction and expansion of enhanced gaming and distributions

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from the fund have fulfilled the intent of this part to enhance

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live racing and breeding in this Commonwealth. Additionally, the

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licensees shall be required to document plans to promote live

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handle and daily attendance at the racetrack in the subsequent

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year.

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Amend Bill, page 170, line 5, by inserting after "THE" where

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it occurs the second time

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] The

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Amend Bill, page 170, line 14, by inserting a bracket before

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"THE"

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Amend Bill, page 170, line 24, by inserting after "HORSEMEN."

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For standardbred tracks, a minimum of one-sixth of the amount of

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those purses shall be used for live races limited to harness

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horses that are stabled in this Commonwealth, are greater than

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three years of age and were sired by standardbred stallion

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regularly standing in this Commonwealth.

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Amend Bill, page 172, line 1, by striking out "TO LICENSED

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RACING ENTITIES"

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Amend Bill, page 172, lines 4 through 30; page 173, lines 1 

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through 30; page 174, lines 1 through 20, by striking out all of

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said lines on said pages and inserting

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(i)  Each week, 17% of the money in the Pennsylvania

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Race Horse Development Fund shall be transferred to the

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General Fund.

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(ii)  Each week, 83% of the money in the Pennsylvania

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Race Horse Development Fund shall be distributed to each

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active and operating Category 1 licensee conducting live

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racing in accordance with the following formula:

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(A)  Divide:

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(I)  the total daily assessments paid, by

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each active and operating Category 1 licensee

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conducting live racing, into the Pennsylvania

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Race Horse Development Fund for that week; by

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(II)  the total daily assessments paid, by

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all active and operating Category 1 licensees

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conducting live racing, into the Pennsylvania

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Race Horse Development Fund for that week.

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(B)  Multiply the quotient under clause (A) by

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the amount to be distributed under this subparagraph.

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(iii)  The distribution under subparagraph (ii) shall

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be allocated as follows:

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(A)  The greater of 4% of the amount to be

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distributed under subparagraph (ii) or $220,000 shall

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be used to fund health and pension benefits for the

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members of the horsemen's organizations representing

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the owners and trainers at the racetrack at which the

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licensed racing entity operates for the benefit of

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the organization's members, their families, employees

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and others in accordance with the rules and

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eligibility requirements of the organization, as

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approved by the State Horse Racing Commission or the

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State Harness Racing Commission. This amount shall be

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deposited within five business days of the end of

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each week into a separate account to be established

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by each respective horsemen's organization at a

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banking institution of its choice. Of this amount, a

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minimum of $250,000 shall be paid annually by the

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horsemen's organization to the thoroughbred jockeys

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or standardbred drivers organization at the racetrack

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at which the licensed racing entity operates for

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health insurance, life insurance or other benefits to

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active and disabled thoroughbred jockeys or

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standardbred drivers in accordance with the rules and

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eligibility requirements of that organization.

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(B)  Of the money remaining to be distributed

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under subparagraph (ii) after application of clause

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(A), the following disbursements shall be made:

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(I)  Eighty-three and one-third percent of

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the money to be distributed under this clause  

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shall be deposited on a weekly basis into a

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separate, interest-bearing purse account to be

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established by and for the benefit of the

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horsemen. The earned interest on the account

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shall be credited to the purse account. Licensees

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shall combine these funds with revenues from

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existing purse agreements to fund purses for live

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races consistent with those agreements with the

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advice and consent of the horsemen. For

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standardbred tracks, a minimum of one-sixth of

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the amount of those purses shall be used for live

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races limited to harness horses that are stabled

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in this Commonwealth, are greater than three

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years of age and were sired by standardbred

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stallion regularly standing in this Commonwealth.

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(II)  For thoroughbred tracks, 16 and 2/3% of

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the money to be distributed under this clause

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shall be deposited on a weekly basis into the

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Pennsylvania Breeding Fund established in section

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223 of the act of December 17, 1981 (P.L.435,

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No.135), known as the Race Horse Industry Reform

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Act. For standardbred tracks, 8 and 1/3% of the

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money to be distributed under this clause shall

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be deposited on a weekly basis into the

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Pennsylvania Sire Stakes Fund as defined in

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section 224 of the Race Horse Industry Reform

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Act; and 8 and 1/3% of the money to be

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distributed under this clause shall be deposited

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on a weekly basis into a restricted account in

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the State Racing Fund to be known as the

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Pennsylvania Standardbred Breeders Development

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Fund. The State Harness Racing Commission shall,

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in consultation with the Secretary of

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Agriculture, promulgate regulations adopting a

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standardbred breeders program that will include

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the administration of the Pennsylvania Stallion

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Award, the Pennsylvania Bred Award and the

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Pennsylvania Sired and Bred Award.

  

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