Tex. Occ. Code § 2028.203

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2028.203 - Reimbursement for Simulcast Signal Cost

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.

Tex. Occ. Code § 2028.203

Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 1365,Sec. 2, eff. 9/1/2019.

Added by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 963,Sec. 1.01, eff. 4/1/2019.