54-2516. LICENSEE’S RIGHT TO WITHHOLD DEPOSITS. (1) In the event any government or governmental agency imposes a levy on a licensee, by a special tax on the money so deposited under the pari-mutuel system, or upon or against his receipts therefrom, the said licensee may withhold in addition to the aforesaid per centum and breakage, as provided in section 54-2513 or section 54-2514, Idaho Code, the amount of the tax so levied.
(2) Breakage for interstate combined wagering pools shall be calculated in accordance with the statutes or rules of the host jurisdiction, and must be distributed among the participating jurisdictions in a manner agreed to among the jurisdictions.
History:
[(54-2516) 1963, ch. 64, sec. 15, p. 246; am. 1991, ch. 56, sec. 4, p. 109; amended and redesignated 1992, ch. 19, sec. 6, p. 63.]
Structure Idaho Code
Title 54 - PROFESSIONS, VOCATIONS, AND BUSINESSES
Section 54-2501 - SHORT TITLE.
Section 54-2502 - DEFINITIONS.
Section 54-2503 - RACING COMMISSION CREATED — APPOINTMENT — REMOVAL — CLAIMS.
Section 54-2504 - CHAIRMAN — QUORUM — COSTS.
Section 54-2505 - COMMISSION’S ANNUAL REPORT — PUBLIC RECORD.
Section 54-2506 - DUTIES OF COMMISSION AND LICENSEES — LICENSE FEE.
Section 54-2507 - AUTHORITY OF COMMISSION.
Section 54-2509 - PENALTY FOR VIOLATIONS OF LAW — POWER OF COMMISSION.
Section 54-2510 - RACE EXCLUSIVELY FOR IDAHO BRED HORSES — BONUS FOR IDAHO BRED WINNERS.
Section 54-2511 - PUBLIC LIABILITY INSURANCE.
Section 54-2512 - PARI-MUTUEL BETTING — OTHER BETTING ILLEGAL.
Section 54-2513 - HORSE RACING — DISTRIBUTIONS OF DEPOSITS — BREAKAGE.
Section 54-2514 - DOG RACING — DISTRIBUTION OF DEPOSITS — BREAKAGE.
Section 54-2514A - DOG RACING ILLEGAL AFTER THE EFFECTIVE DATE OF THIS ACT.