§ 4-38-16. Horse Racing Account created -- Contents -- Use of account money.


Latest version.
  • (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.
Enacted by Chapter 64, 1993 General Session