BILL NUMBER: AB 2258 INTRODUCED
BILL TEXT
INTRODUCED BY Assembly Member Evans
FEBRUARY 21, 2008
An act to amend Section 19616.51 of the Business and Professions
Code, relating to horse racing.
LEGISLATIVE COUNSEL'S DIGEST
AB 2258, as introduced, Evans. Horse racing: license fees:
shortfalls: pro rata assessment.
Existing law, the Horse Racing Law, provides that if the total
amount paid to the state by racing associations and fairs is less
than $40,000,000 in any calendar year, all associations and fairs
that conducted live racing during the year of the shortfall are
required to remit certain amounts, on a pro rata basis, in order to
attain that $40,000,000 total.
This bill would make clarifying and technical changes to this
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 19616.51 of the Business and Professions Code
is amended to read:
19616.51. Notwithstanding any other provision of law, if the
total amount paid to the state by racing associations and fairs
pursuant to this chapter is less than forty million dollars
($40,000,000) in any calendar year, beginning January 1, 2001, and
thereafter, all associations and fairs that conducted live racing
during the year of the shortfall shall remit to the state,
on a pro rata basis according to the total amount handled
in-state by each association or fair, the amount necessary to bring
the total amount paid to the state to forty million dollars
($40,000,000). The amounts due under this section, if any, shall be
paid from the amount available for commissions, purses, and breeder
awards, and shall be paid to the board prior to March 1 of the year
following the year of the shortfall.