4-38-402. Horse Racing Account created -- Contents -- Use of account money.
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Effective 7/1/2017
4-38-402. Horse Racing Account created -- Contents -- Use of account money.
(1)There is created within the General Fund a restricted account known as the Horse Racing Account.
(2)The Horse Racing Account consists of:
(a)license fees collected under this chapter;
(b)revenue from fines imposed under this chapter; and
(c)interest on account money.
(3)Upon appropriation by the Legislature, money from the account shall be used for the administration of this chapter, including paying the costs of:
(a)public liability insurance;
(b)stewards;
(c)veterinarians; and
(d)drug testing.
Renumbered and Amended by Chapter 345 , 2017 General Session