BILL NUMBER: AB 432	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member V. Manuel Pérez

                        FEBRUARY 15, 2013

   An act to add Section 19604.6 to the Business and Professions
Code, relating to horse racing.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 432, as introduced, V. Manuel Pérez. Horse racing: exchange
wagering.
   (1) Existing law authorizes exchange wagering and authorizes the
California Horse Racing Board to recover any costs associated with
the licensing or regulation of exchange wagering by imposing an
assessment on the exchange wagering licensee in an amount that does
not exceed the reasonable costs associated with the licensing or
regulation of exchange wagering.
   This bill would require any racing association or racing fair
receiving distributions from any exchange provider's exchange
revenues to distribute a portion of that revenue to the official
registering agency in a specified manner. By imposing new
requirements on any racing association or racing fair, the violation
of which would be a crime, the bill would impose a state-mandated
local program.
   (2) The California Constitution requires the state to reimburse
local agencies and school districts for certain costs mandated by the
state. Statutory provisions establish procedures for making that
reimbursement.
   This bill would provide that no reimbursement is required by this
act for a specified reason.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: yes.


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

  SECTION 1.  Section 19604.6 is added to the Business and
Professions Code, to read:
   19604.6.  Any racing association or racing fair receiving
distributions from any exchange provider's exchange revenues, as may
be required pursuant to paragraphs (2) to (5), inclusive, of
subdivision (b) of Section 19604.5, shall distribute a portion of
said revenue to the official registering agency in the manner
prescribed in Section 19617.2.
  SEC. 2.  No reimbursement is required by this act pursuant to
Section 6 of Article XIII B of the California Constitution because
the only costs that may be incurred by a local agency or school
district will be incurred because this act creates a new crime or
infraction, eliminates a crime or infraction, or changes the penalty
for a crime or infraction, within the meaning of Section 17556 of the
Government Code, or changes the definition of a crime within the
meaning of Section 6 of Article XIII B of the California
Constitution.