Occupations Code › Title 13 › Chapter 2028 › Subchapter E

Texas Occupations Code § 2028.203

Reimbursement for Simulcast Signal Cost

Pari-Mutuel Pools, Purses, and Fees · Distribution of Simulcast Pari-Mutuel Pools

If a racetrack association purchases an interstate simulcast signal and the signal cost exceeds five percent of the pari-mutuel pool, the commission, from the escrowed account under Section 2028.202(b)(4), shall reimburse the racetrack association an amount equal to one-half of the signal cost that exceeds five percent of the pari-mutuel pool.

Official text of the Texas Occupations Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969), Sec. 1.01, eff. April 1, 2019.

Acts 2019, 86th Leg., R.S., Ch. 1365 (H.B. 2463), Sec. 2, eff. September 1, 2019.

This section refers to

§ 2028.202