71 Ind. Admin. Code 14.5-3-2

Current through December 4, 2024

Section 71 IAC 14.5-3-2 - Breeder award

Authority: IC 4-31-3-9

Affected: IC 4-31

Sec. 2.

(a) A breeder award is the award paid to the breeder of a registered Indiana bred quarter horse that places first, second, or third in any race, except claiming races when entered for a claiming price of less than five thousand dollars ($5,000) or any speed index race, at a licensed pari-mutuel racetrack located in Indiana.

(b) In the event of multiple breeders, the award will be paid to the individual designated as the recipient on the foal application. It is the responsibility of the designated recipient to distribute these monies to the remaining breeders.

(c) For Indiana bred races, the amount of the award is seventeen and one-half percent (17.5%) of the gross purse, and distribution is:

(1) fifty percent (50%) awarded to the winner, not to exceed five thousand dollars ($5,000);

(2) thirty percent (30%) awarded to second place, not to exceed three thousand dollars ($3,000); and

(3) twenty percent (20%) awarded to third place, not to exceed two thousand dollars ($2,000).

(d) For open overnight races and open stakes, the amount of the award is seventeen and one-half percent (17.5%) of the gross purse, and distribution is:

(1) fifty percent (50%) awarded to the winner, not to exceed five thousand dollars ($5,000);

(2) thirty percent (30%) awarded to second place, not to exceed three thousand dollars ($3,000); and

(3) twenty percent (20%) awarded to third place, not to exceed two thousand dollars ($2,000).

(e) Awards will be paid by the commission.

(f) For breeder awards earned January 1, 2013, and thereafter, the recipient is the owner of the dam at the time of the dam's registration with the breed development program.

71 IAC 14.5-3-2

Indiana Horse Racing Commission; 71 IAC 14.5-3-2; emergency rule filed Nov 15, 2000, 11:40 a.m.: 24 IR 1037; errata filed Feb 9, 2001, 3:38 p.m.: 24 IR 2091; readopted filed Oct 30, 2001, 11:50 a.m.: 25 IR 899; emergency rule filed Mar 27, 2002, 10:27 a.m.: 25 IR 2539; emergency rule filed Jan 24, 2008, 10:58 a.m.: 20080206-IR-071080056ERA, eff Jan 23, 2008 [IC 4-22-2-37.1 establishes the effectiveness of an emergency rule upon filing with the Publisher. LSA Document #08-56(E) was filed with the Publisher January 24, 2008.]; errata filed Feb 18, 2008, 2:03 p.m.: 20080305-IR-071080056ACA; emergency rule filed Apr 4, 2013, 1:05 p.m.: 20130410-IR-071130134ERA

Emergency rule filed 6/1/2020, 1:57 p.m.: 20200610-IR-071200295ERA

Emergency rule filed 3/2/2021, 3:10 p.m.: 20210310-IR-071210076ERA

Emergency rule filed 3/3/2022, 3:55 p.m.: 20220316-IR-071220070ERA

Emergency rule filed 4/20/2023, 3:09 p.m.: 20230426-IR-071230297ERA

Readopted filed 4/20/2023, 3:49 p.m.: 20230517-IR-071230071RFA

Readopted filed 8/3/2023, 12:49 p.m.: 20230830-IR-071230428RFA