Idaho Code · Title 54 · Occupational Licenses
Idaho Code § 54-2514

Dog Racing — Distribution Of Deposits — Breakage

Ch. 25 — HORSE RACING
Idaho Code ● ACTIVE State Law Title 54
Statutory Text

Idaho Code § 54-2514 — Dog Racing — Distribution Of Deposits — Breakage.

TITLE 54 PROFESSIONS, VOCATIONS, AND BUSINESSES CHAPTER 25 HORSE RACING 54-2514. Dog racing — Distribution of deposits — Breakage. (1) Each licensee conducting the pari-mutuel system for simulcast or televised dog races shall distribute all sums deposited in any pool as follows: (a)  Seventy-nine and one-half percent (79.5%) of any win, place or show pool to the winner thereof, and twenty and one-half percent (20.5%) to the licensee; (b)  Seventy-seven percent (77%) of all two (2) dog exotic wagers including, but not limited to, daily doubles and quinellas to the winner thereof, and twenty-three percent (23%) to the licensee; (c)  Seventy-five percent (75%) of all three (3) or more dog exotic wagers including, but not limited to, trifecta, twin trifecta, pick three, pick six and superfecta, to the winner thereof, and twenty-five percent (25%) to the licensee. (2)  Each licensee conducting the pari-mutuel system for simulcast or televised dog races shall retain the sums deposited in any pool as required in subsection (1) of this section, for distribution and payment based upon gross daily receipts as follows: (a)  One and one-quarter percent (1.25%) of gross daily receipts, separately stated, shall be paid to the Idaho state racing commission for deposit in the racing commission account. (b)  One percent (1%) of gross daily receipts, separately stated, shall be paid to the Idaho state racing commission for payment to the county in which the dog racing facility is located. The board of county commissioners shall spend such revenues only for visitor promotion. (c)  One-half percent (.5%) of gross daily receipts, separately stated, shall be paid to the Idaho state racing commission for deposit in the Idaho horse breeders’ and owners’ award account in the state treasury for further distribution as follows: (i)   Fifty percent (50%) of all moneys deposited in the Idaho horse breeders’ and owners’ award account shall be distributed by the racing commission annually but not later than December 15, to the breeders of Idaho bred winners of each approved horse race in Idaho in proportion to the handle generated by each breed; and (ii)  Fifty percent (50%) of all moneys deposited in the Idaho horse breeders’ and owners’ award account shall be distributed by the racing commission annually but not later than December 15, in equal amounts to owners of Idaho bred horse race winners. (d)  From the balance of gross daily receipts remaining with the licensee after the distributions required in subsections (1)(a), (b) and (c) of this section from simulcast or televised dog races, the following amounts shall be paid or retained: (i)   From the first twenty thousand dollars ($20,000) of gross daily receipts, the licensee shall retain the entire amount; (ii)  From the next ten thousand dollars ($10,000) of gross daily receipts, (gross daily receipts between twenty thousand dollars ($20,000) and thirty thousand dollars ($30,000)) the public school income fund shall receive one-quarter of one percent (.25%) and the licensee shall retain the balance; (iii) From the next ten thousand dollars ($10,000) of gross daily receipts (gross daily receipts between thirty thousand dollars ($30,000) and forty thousand dollars ($40,000)) the public school income fund shall receive one and one-quarter percent (1.25%) and the licensee shall retain the balance; (iv)  From all amounts of over forty thousand dollars ($40,000) of gross daily receipts, the public school income fund shall receive two and one-quarter percent (2.25%) and the licensee shall retain the balance. (3)  Each licensee may retain the odd cents of all redistribution to be based on each dollar deposited exceeding a sum equal to the next lowest multiple of ten (10), known as breakage, and the total amount of unclaimed tickets at the termination of the time allowed by rule of the commission.

History:[54-2514, added 1994, ch. 325, sec. 2, p. 1044; am. 1996, ch. 310, sec. 2, p. 1017; am. 1999, ch. 394, sec. 1, p. 1092.]
Source: legislature.idaho.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
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BS-IC54-SEC-162A56
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
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boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 54-2514
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✓ ACTIVE
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PRIMARY-SOURCE
Source Verified
✓ TRUE
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168271d13f3d119a...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 54-2514 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
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