HB773 Alabama 2012 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Racing, takeout deducted by a racing operator designated for Alabama bred horses, Sec. 11-65-31 am'd
Description
<p class="bill_description"> Under existing law, horse racing operators
are required to deduct a percentage of the moneys
deposited in pari-mutuel pools for horse races</p><p class="bill_description">
This bill would provide that takeout
deducted by a racing operator shall be used for
horse activities for Alabama-bred horses</p><p class="bill_description">
This bill would create the Alabama Equine
Commission and provide for the members, duties,
responsibilities, compensation, and expenses of the
commission</p><p class="bill_entitled_an_act"> To amend Section 11-65-31 of the Code of Alabama
1975, relating to purses for horse races and greyhound races
to provide that the takeout deducted by a racing operator
shall be used for horse activities for Alabama bred horses; to
establish the Alabama Equine Commission; to provide for the
members, duties, responsibilities, compensation, and expenses
of the commission; and to subject the commission to the
Alabama Sunset Law.
</p>
Subjects
Racing
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 1, 2012 | Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB773 Alabama 2012 Session - Introduced |