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Home » US Law » 2022 Indiana Code » Title 4. State Offices and Administration » Article 31. Pari-Mutuel Wagering on Horse Races » Chapter 10. Indiana Horse Racing Commission Operating Fund

4-31-10-1. “Fund” Defined

Sec. 1. As used in this chapter, “fund” refers to the Indiana horse racing commission operating fund. As added by P.L.341-1989(ss), SEC.2.

4-31-10-2. Establishment; Administration

Sec. 2. The Indiana horse racing commission operating fund is established. The fund shall be administered by the commission. The fund does not revert to the state general fund at the end of a state fiscal year. As added by P.L.341-1989(ss), SEC.2.

4-31-10-3. Composition of Fund

Sec. 3. The fund consists of the following: (1) Taxes paid into the fund under IC 4-31-9-3(b)(2). (2) Transfers from the Indiana horse racing commission under IC 4-35-7-12.5. (3) Appropriations made by the general assembly. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.108-2019, SEC.71.

4-31-10-4. Purpose

Sec. 4. The commission shall use the fund to pay its operating costs and to pay the costs of administering and enforcing this article. As added by P.L.341-1989(ss), SEC.2.

4-31-10-5. Budget Requests

Sec. 5. The commission shall prepare budget requests at the direction of the budget agency. As added by P.L.341-1989(ss), SEC.2.