LD 2042
pg. 2
Page 1 of 2 PUBLIC Law Chapter 576 LD 2042 Title Page
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LR 3144
Item 1

 
to each agricultural fair licensee that conducts live racing on
fair dates assigned by the commissioner pursuant to Title 7,
section 65 and to each agricultural fair licensee that conducts an
extended meet as long as that licensee conducted an extended meet
in 2005, with each commercial track and each agricultural fair
licensee receiving an amount of money determined by multiplying the
amount of money available for distribution times a fraction, the
numerator of which is the total number of live race dashes assigned
to the commercial track or agricultural fair licensee for the year
and the denominator of which is the total number of race dashes
assigned to all commercial tracks and agricultural fair licensees
for the year.__The payment in January must be adjusted so that for
the prior year each commercial track or agricultural fair licensee
entitled to a distribution receives that portion of the total money
distributed for the full year from the fund established by this
section that is determined by multiplying the total amount of money
by a fraction, the numerator of which is the number of live race
dashes conducted by the commercial track or agricultural fair
licensee during the calendar year that qualify for a distribution
and the denominator of which is the total number of race dashes
conducted during that calendar year that qualify for a
distribution.__For purposes of this subsection, a race dash
qualifies for distribution if the dash was conducted by a
commercial track or by an agricultural fair licensee on dates
assigned under Title 7, section 65 or during an extended meet.__The
number of dashes held at an extended meet that qualify for
distribution may not exceed the number of dashes conducted by the
licensee during an extended meet in 2005.__The funds distributed
pursuant to this subsection must be used to supplement harness
racing purses.

 
Emergency clause. In view of the emergency cited in the preamble,
this Act takes effect when approved.


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