Sections
9 entriesSection 19550Requires licensed racing associations with 14 or fewer racing weeks to designate three charity days per meeting and those with more than…Section 19551Requires the board, as a condition of issuing the meeting license, to require the meeting licensee to conduct the charity-day racing and…Section 19552Requires all racing officials who must serve the meeting under law or regulation to serve the charity-day racing as well, without additional…Section 19553Requires income from operations connected with charity-day racing, including wagering, admissions, parking, programs, and concessions, to count as charity-day income, with deductions…Section 19554Requires charity-distribution agents selected by a racing licensee to be board-approved tax-exempt nonprofits with at least five qualified California-resident trustees or directors…Section 19555Requires each licensee to pay charity-day net proceeds to the distributing agent as soon as practicable after determining them. Requires the agent…Section 19556Requires charity-day distributions to board-approved tax-exempt nonprofit beneficiaries doing qualifying charitable, civic, religious, educational, or veterans' work. Directs at least 30% to…Section 19556.5Requires the board to designate as a qualified distribution beneficiary a nonprofit organization dedicated to researching and developing improved horse-racing safety standards.…Section 19557Requires a distributing agent, within the applicable 12-month distribution period and before paying any charity-day net proceeds to a beneficiary, to submit…