BILL ANALYSIS Ó
SB 777
Page 1
Date of Hearing: March 6, 2014
ASSEMBLY COMMITTEE ON APPROPRIATIONS
Mike Gatto, Chair
SB 777 (Hernandez) - As Amended: February 25, 2014
Policy Committee: Governmental
Organization Vote: 16-0
Insurance 9-0
Urgency: Yes State Mandated Local Program:
No Reimbursable: No
SUMMARY
This bill reestablishes provisions in the Horse Racing Law
relating to workers' compensation that sunsetted on January 1,
2014. The provisions required any thoroughbred racing
association or fair that conducts thoroughbred racing, and
allowed any quarter horse racing association, harness racing
association, or fair that conducts horse racing for other
breeds, to deduct a percentage of the amount handled in
parimutuel pools for the purposes of defraying the costs of
workers' compensation insurance for trainers and owners incurred
in connection with horse racing.
FISCAL EFFECT
Insignificant General Fund costs to the California Horse Racing
Board in connection with monitoring the programs. Funds for the
programs will come from the parimutuel handle.
COMMENTS
1) Purpose. The programs were designed to provide relief from
the increasing costs of workers' compensation insurance to the
horse racing industry by allowing the industry to create its
own insurance programs. Funds for the programs came from the
parimutuel handle, proceeds that would otherwise have been
paid to the owners of winning horses and successful bettors.
According to the author, the programs inadvertently sunsetted
on January 1, 2014. This bill would reestablish the workers'
compensation programs in their previous forms but without any
future sunset provision.
SB 777
Page 2
2) The programs. The program for thoroughbred racing was
established in 2004 and extended in 2008, while the quarter
horse and harness racing programs were created in 2008 and the
other breed racing program was created in 2009. Funding for
each program was as follows:
a) Thoroughbreds: required assocs./fairs to deduct 0.5% of
the exotic parimutuel handle.
b) Quarter horses: allowed associations to deduct 0.5% of
the exotic parimutuel handle.
c) Harness: allowed associations to deduct 1.0% of the
conventional parimutuel handle.
d) Other breeds: allowed fairs to deduct 0.5% of the exotic
parimutuel handle.
Analysis Prepared by : Joel Tashjian / APPR. / (916) 319-2081