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
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