California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 4 — Horse RacingArticle 9.5 — License Fees, Commissions, and PursesSection 19612.3

(a) Notwithstanding any other provision of law, with respect to harness racing associations other than those conducting a meeting pursuant to Section 19612.6, an additional 1 percent of the parimutuel pool shall be retained and shall be distributed equally between purses and commissions.

(b) With respect to harness racing associations conducting a meeting pursuant to Section 19549.2 or 19612.6, an additional 1 percent of the parimutuel pool shall be retained and shall be distributed as additional commissions.

Notes

Sets an additional 1% retention from the parimutuel pool for harness racing associations. Associations not conducting the specified meetings must divide that additional amount equally between purses and commissions, while harness associations conducting meetings under either of the two specified provisions must distribute the entire additional 1% as commissions.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 19612.3 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-4/article-9-5/section-19612-3

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