(1) Each licensee that holds a permit for thoroughbred horse racing in this state shall deduct from the purses required by s. 550.2625, an amount of money equal to 1 percent of the total purse pool and shall pay that amount to a horsemen’s association representing the majority of the thoroughbred racehorse owners and trainers for its use in accordance with the stated goals of its articles of association filed with the Department of State.
(2) The funds are payable to the horsemen’s association only upon presentation of a sworn statement by the officers of the association that the horsemen’s association represents a majority of the owners and trainers of thoroughbred horses stabled in the state.
(3) Upon receiving a state license, each thoroughbred owner and trainer shall receive automatic membership in the horsemen’s association as defined in subsection (1) and be counted on the membership rolls of that association, unless, within 30 calendar days after receipt of license from the state, the individual declines membership in writing, to the association as defined in subsection (1).
(4) The commission shall adopt rules to facilitate the orderly transfer of funds in accordance with this section. The commission shall also monitor the membership rolls of the horsemen’s association to ensure that complete, accurate, and timely listings are maintained for the purposes specified in this section.
History.—s. 30, ch. 92-348; s. 9, ch. 95-390; s. 31, ch. 97-98; s. 28, ch. 2022-7.
Structure Florida Statutes
Title XXXIII - Regulation of Trade, Commerce, Investments, and Solicitations
Chapter 550 - Pari-Mutuel Wagering
550.0115 - Permitholder Operating License.
550.01215 - License Application; Periods of Operation; License Fees; Bond.
550.0235 - Limitation of Civil Liability.
550.0251 - Powers and Duties of the Florida Gaming Control Commission.
550.0351 - Charity Racing Days.
550.0425 - Minors Attendance at Pari-Mutuel Performances; Restrictions.
550.054 - Application for Permit to Conduct Pari-Mutuel Wagering.
550.0555 - Greyhound Dogracing Permits; Relocation Within a County; Conditions.
550.0651 - Elections for Ratification of Permits; Municipal Prohibitions.
550.0745 - Summer Jai Alai Permit Periods of Operation.
550.0951 - Payment of Daily License Fee and Taxes; Penalties.
550.09511 - Jai Alai Taxes; Abandoned Interest in a Permit for Nonpayment of Taxes.
550.09512 - Harness Horse Taxes; Abandoned Interest in a Permit for Nonpayment of Taxes.
550.09514 - Greyhound Dogracing Taxes; Purse Requirements.
550.09515 - Thoroughbred Horse Taxes; Abandoned Interest in a Permit for Nonpayment of Taxes.
550.125 - Uniform Reporting System; Bond Requirement.
550.135 - Division of Moneys Derived Under This Law.
550.1645 - Escheat to State of Abandoned Interest in or Contribution to Pari-Mutuel Pools.
550.1646 - Credit for Unclaimed Property Remitted to State.
550.1647 - Greyhound Permitholders; Unclaimed Tickets; Breaks.
550.175 - Petition for Election to Revoke Permit.
550.2415 - Racing of Animals Under Certain Conditions Prohibited; Penalties; Exceptions.
550.255 - Penalty for Conducting Unauthorized Race Meeting.
550.2614 - Distribution of Certain Funds to a Horsemen’s Association.
550.2625 - Horseracing; Minimum Purse Requirement, Florida Breeders’ and Owners’ Awards.
550.2633 - Horseracing; Distribution of Abandoned Interest in or Contributions to Pari-Mutuel Pools.
550.2704 - Jai Alai Tournament of Champions Meet.
550.334 - Quarter Horse Racing; Substitutions.
550.3345 - Conversion of Quarter Horse Permit to a Limited Thoroughbred Permit.
550.3355 - Harness Track Licenses for Summer Quarter Horse Racing.
550.3551 - Transmission of Racing and Jai Alai Information; Commingling of Pari-Mutuel Pools.
550.3616 - Racing Greyhounds or Other Dogs Prohibited; Penalty.
550.375 - Operation of Certain Harness Tracks.
550.475 - Lease of Pari-Mutuel Facilities by Pari-Mutuel Permitholders.
550.495 - Totalisator Licensing.
550.505 - Nonwagering Permits.
550.5251 - Florida Thoroughbred Racing; Certain Permits; Operating Days.
550.615 - Intertrack Wagering.
550.625 - Intertrack Wagering; Purses; Breeders’ Awards.
550.6305 - Intertrack Wagering; Guest Track Payments; Accounting Rules.
550.6308 - Limited Intertrack Wagering License.
550.6315 - Applicability of S. 565.02(5) to Guest Tracks.
550.6325 - Uncashed Tickets and Breakage Tax.
550.6345 - Intertrack Wagering; Purses When Host Track Is Harness Racetrack.
550.71 - Operation of Ch. 96-364.
550.901 - Interstate Compact on Licensure of Participants in Pari-Mutuel Wagering.
550.903 - Definitions; Interstate Compact on Licensure of Participants in Pari-Mutuel Wagering.
550.905 - States Eligible to Join Compact.
550.906 - Withdrawal From Compact; Impact on Force and Effect.
550.908 - Powers and Duties of Compact Committee.
550.909 - Voting Requirements.
550.910 - Administration and Management.
550.911 - Immunity From Liability for Performance of Official Responsibilities and Duties.