Kan. Admin. Regs. § 112-12-15 - Live horse racing purse supplement fund

Current through Register Vol. 41, No. 14, April 7, 2022

(a) The balance of the money credited to the live horse racing purse supplement fund that is subject to distribution pursuant to K.S.A. 74-8767(a)(3), and amendments thereto, shall be apportioned by the commission to purses for the various horse breeds according to the following formula:
(1) One-third based on the average percentage of each breed's Kansas-bred horse starters at Kansas racetracks for the previous three calendar years;
(2) one-third based on the average percentage of each breed's Kansas-certified horses for the previous three calendar years; and
(3) one-third based on average percentage of each breed's non-Kansas-bred starters at Kansas racetracks for the previous three calendar years.
(b) The official registering agency pursuant to K.S.A. 74-8830, and amendments thereto, shall submit a recommendation to the commission for approval of the amount of all proposed payments pursuant to K.S.A. 74-8767(a)(3), and amendments thereto, based on the contribution to the Kansas horse racing and breeding industries and recommendations by each respective breed group. The commission's staff may also submit a recommendation to the commission under this subsection.
(c) The proposed amount of the distribution shall be submitted to the commission for approval no later than March 1 of each distribution year.

Notes

Kan. Admin. Regs. § 112-12-15
Authorized by and implementing K.S.A. 2008 Supp. 74-8767 and 74-8830; effective June 12, 2009.

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