Sec. 20a.
The tax imposed under section 22 on wagers processed through licensed third-party facilitators operating under this act must be allocated as follows:
(a) Ninety percent to be deposited in the Michigan agriculture and equine industry development fund created under section 20.
(b) Ten percent to the horse racing advisory commission created in section 6a to be expended as provided in section 6a(12)(d).
History: Add. 2019, Act 153, Imd. Eff. Dec. 20, 2019
Structure Michigan Compiled Laws
Chapter 431 - Racing, Boxing, and Exhibitions
Act 279 of 1995 - Horse Racing Law of 1995 (431.301 - 431.336)
Section 431.301 - Short Title.
Section 431.302 - Definitions.
Section 431.303 - Office of Racing Commissioner; Creation; Powers and Duties of Racing Commissioner.
Section 431.305 - Racing Commissioner; Oath of Office.
Section 431.308a - Holder of Casino License; Issuance of Race Meeting License; Limitation.
Section 431.309a - Toll-Free Compulsive Gaming Helpline Number; Posting.
Section 431.313 - Contracts With Certified Horsemen's Organizations.
Section 431.319a - Surrender, Revocation, or Escrow of License; Transfer of Purse Pool Money.
Section 431.319c - Michigan Harness Horsemen's Association; Transfer and Use of Money.
Section 431.320a - Allocation of Tax.
Section 431.321 - Police, Fire, and Traffic Protection.
Section 431.322 - License Fee and Tax.
Section 431.324 - Prohibited Dissemination of Racing Information.
Section 431.325 - Disclosure of Certain Information; Confidentiality.
Section 431.327 - Wagering Prohibited; Exception.
Section 431.328 - Assessment or Collection of Tax or Fees Prohibited; Exception.
Section 431.329 - Aiding, Assisting, or Abetting Violation as Misdemeanor; Penalty.
Section 431.330 - Administration of Drug or Foreign Substance.
Section 431.331 - Prohibited Acts; Violation as Misdemeanor; Penalty; Exceptions.
Section 431.334 - Additional Penalties.