BILL NUMBER: AB 1667	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Garrick

                        FEBRUARY 14, 2012

   An act to amend Section 19610 of the Business and Professions
Code, relating to horse racing.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1667, as introduced, Garrick. Horse racing.
   Existing law requires every association that conducts a horse
racing meeting to deduct certain percentages of the total amount
handled in conventional parimutuel pools and in exotic parimutuel
pools, and requires the amounts deducted to be distributed as
prescribed in the Horse Racing Law.
   This bill would make technical, nonsubstantive changes to that
provision.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 19610 of the Business and Professions Code is
amended to read:
   19610.  Every association  which   that 
conducts a racing meeting shall deduct 15 percent of the total
amount handled in conventional parimutuel pools and 16.75 percent of
the total amount handled in exotic parimutuel pools, except that
 any   an  association conducting a harness
racing meeting shall deduct 17.75 percent of the total amount
handled in exotic parimutuel pools. The amounts as deducted shall be
distributed as prescribed in this chapter.