71 Ind. Admin. Code 12-2-18

Current through December 4, 2024
Section 71 IAC 12-2-18 - Allocation of interstate simulcasting revenue to purses

Authority: IC 4-31-3-9

Affected: IC 4-31-9-2

Sec. 18.

Interstate simulcasting revenue generated for purses from simulcasting of out-of-state signals into the state by an association shall be allocated to the purse accounts at the association as follows:

(1) Forty-six percent (46%) to standardbreds.
(2) Forty-six percent (46%) to thoroughbreds.
(3) Eight percent (8%) to quarter horses.

71 IAC 12-2-18

Indiana Horse Racing Commission; 71 IAC 12-2-18; emergency rule filed Mar 9, 1994, 2:50 p.m.: 17 IR 1630; emergency rule filed Feb 13, 1998, 10:00 a.m.: 21 IR 2423; readopted filed Oct 30, 2001, 11:50 a.m.: 25 IR 899; emergency rule filed Nov 29, 2001, 1:20 p.m.: 25 IR 1190; emergency rule filed Feb 21, 2003, 4:15 p.m.: 26 IR 2388; readopted filed Mar 23, 2007, 11:31 a.m.: 20070404-IR-071070030RFA; emergency rule filed May 16, 2012, 2:15 p.m.: 20120523-IR-071120267ERA; emergency rule filed Apr 5, 2013, 3:50 p.m.: 20130410-IR-071130135ERA; readopted filed November 26, 2013, 11:25 a.m.: 20131225-IR-071130345RFA
Readopted filed 8/28/2019, 1:23 p.m.: 20190925-IR-071190319RFA
Readopted filed 8/3/2023, 12:49 p.m.: 20230830-IR-071230428RFA