Effective 7/1/2017
4-38-402. Horse Racing Account created — Contents — Use of account money.
4-38-402. Horse Racing Account created — Contents — Use of account money.
- (1) There is created within the General Fund a restricted account known as the Horse Racing Account.
- (2) The Horse Racing Account consists of:
- (a) license fees collected under this chapter;
- (b) revenue from fines imposed under this chapter; and
- (c) interest on account money.
- (3) Upon appropriation by the Legislature, money from the account shall be used for the administration of this chapter, including paying the costs of:
- (a) public liability insurance;
- (b) stewards;
- (c) veterinarians; and
- (d) drug testing.
Renumbered and Amended by Chapter 345, 2017 General Session