PRINTER'S NO. 1021
No. 840 Session of 2003
INTRODUCED BY BOSCOLA, JUNE 24, 2003
REFERRED TO FINANCE, JUNE 24, 2003
AN ACT
1 Amending the act of December 17, 1981 (P.L.435, No.135),
2 entitled "An act providing for the regulation of pari-mutuel
3 thoroughbred horse racing and harness horse racing
4 activities; imposing certain taxes and providing for the
5 disposition of funds from pari-mutuel tickets," further
6 providing for distributions from the State Racing Fund.
7 The General Assembly of the Commonwealth of Pennsylvania
8 hereby enacts as follows:
9 Section 1. Section 222(b)(5) of the act of December 17, 1981
10 (P.L.435, No.135), known as the Race Horse Industry Reform Act,
11 amended December 30, 1983 (P.L.400, No.93) and repealed in part
12 May 24, 2000 (P.L.106, No.23), is amended to read:
13 Section 222. Distribution of moneys retained from pari-mutuel
14 pools; taxation.
15 * * *
16 (b) The commissions shall distribute moneys from the State
17 Racing Fund, together with the interest earned thereon, in the
18 following manner:
19 * * *
1 (5) From remaining moneys in the State Racing Fund:
2 (i) An amount equivalent to one percent of the
3 amount wagered each racing day at thoroughbred horse race
4 meetings shall be paid by the State Horse Racing
5 Commission from the State Racing Fund through the
6 Department of Revenue for credit to the Pennsylvania
7 Breeding Fund.
8 (ii) An amount equivalent to one and one-half
9 percent of the amount wagered each racing day at harness
10 horse race meetings shall be paid by the Harness Racing
11 Commission from the State Racing Fund through the
12 Department of Revenue for credit to the Pennsylvania Sire
13 Stakes Fund, beginning on July 1, 1983.
14 (iii) An amount equivalent to one-half of one
15 percent of the amount wagered each racing day at an off-
16 track wagering facility shall be paid by the State Horse
17 Racing Commission from the State Racing Fund through the
18 Department of Revenue to each municipality and school
19 district which hosts the off-track wagering facility.
20 * * *
21 Section 2. This act shall take effect in 60 days.
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