AB 2808,
as amended, Gipson. Horse racing: exchange wagering:begin delete repeal deletion.end deletebegin insert operative extension.end insert
The Horse Racing Law authorizes exchange wagering, as provided, 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. Existing law requires 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. Existing law makes these exchange wagering provisions inoperative on May 1, 2016, and repeals them on January 1, 2017. Violations of the Horse Racing Law are generally misdemeanors.
This bill wouldbegin delete deleteend deletebegin insert
eend insertbegin insertxtendend insert those inoperative and repealbegin delete dates.end deletebegin insert dates to May 1, 2020, and January 1, 2021, respectively.end insert The bill, bybegin delete permanentlyend delete extending these requirements, the violation of which is a crime, would impose a state-mandated local program.
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 19604.7 of the Business and Professions
2Code is repealed.
begin insertSection 19604.7 of the end insertbegin insertBusiness and Professions
4Codeend insertbegin insert is amended to read:end insert
This article shall become inoperative on May 1,begin delete 2016,end delete
6begin insert 2020,end insert and, as of January 1,begin delete 2017,end deletebegin insert 2021,end insert is repealed, unless a later
7enacted statute, that becomes operative on or before January 1,
8begin delete 2017,end deletebegin insert 2021,end insert deletes or extends the dates on which it becomes
9inoperative and is
repealed.
No reimbursement is required by this act pursuant to
11Section 6 of Article XIII B of the California Constitution because
12the only costs that may be incurred by a local agency or school
13district will be incurred because this act creates a new crime or
14infraction, eliminates a crime or infraction, or changes the penalty
15for a crime or infraction, within the meaning of Section 17556 of
16the Government Code, or changes the definition of a crime within
17the meaning of Section 6 of Article XIII B of the California
18Constitution.
O
98