BILL NUMBER: SB 1288 CHAPTERED 07/09/04 CHAPTER 122 FILED WITH SECRETARY OF STATE JULY 9, 2004 APPROVED BY GOVERNOR JULY 8, 2004 PASSED THE ASSEMBLY JUNE 24, 2004 PASSED THE SENATE MAY 17, 2004 INTRODUCED BY Senator Karnette FEBRUARY 17, 2004 An act to amend Section 19606 of the Business and Professions Code, relating to horse racing. LEGISLATIVE COUNSEL'S DIGEST SB 1288, Karnette. Horse racing: distributions. Existing law requires that the total percentage deducted from wagers at satellite wagering facilities in the northern, central, and southern zones be the same as deductions for wagers at the racetrack where the racing meeting is being conducted. From this amount, existing law provides for specified distributions, including a distribution of 0.4% of the amount handled at satellite wagering facilities on standardbred races for the California Standardbred Sires Stakes Program. After specified distributions, existing law provides that the balance of the deduction from wagers on harness races at satellite wagering facilities be divided equally between commissions for the association that conducts the harness racing meeting and purses for the horsemen participating in that racing meeting. This bill would require an additional amount equal to 0.1% of the amount handled at satellite facilities on harness race wagers to be distributed to the California Standardbred Sires Stakes Program out of the share of the deduction dedicated to purses for harness horsemen as specified above. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 19606 of the Business and Professions Code is amended to read: 19606. (a) For harness, quarter horse, Appaloosa, Arabian, mixed breed, and fair meetings, the funds remaining after the distribution of the amounts set forth in Sections 19605.7 and 19605.71 shall be distributed 50 percent as commissions to the association that conducts the racing meeting and 50 percent to the horsemen participating in the racing meeting in the form of purses. However, owners' premiums shall be paid from the amount distributed for purses in the same relative percentage as owners' premiums are paid at the racing meeting, except that for thoroughbred races the owners' premiums shall be as provided in subdivision (a) of Section 19605.8. (b) In addition to funds distributed under Sections 19605.7 and 19605.71, from the amount that would be distributed to harness racing horsemen in the form of purses under this section, an amount equal to 0.1 percent of the amount handled on conventional and exotic wagers on standardbreds at satellite wagering facilities in California shall be distributed for the California Standardbred Sires Stakes Program pursuant to Section 19619.