RCW 67.16.280
Washington horse racing commission operating account.
(1)(a) The Washington horse racing commission operating account is created in the custody of the state treasurer. All receipts collected by the commission under RCW 67.16.105(2) must be deposited into the account. Expenditures from the account may be used only for the operating expenses of the commission. Only the commission or the commission's designee may authorize expenditures from the account. The account is subject to allotment procedures under chapter 43.88 RCW, but an appropriation is not required for expenditures.
(b) The commission has the authority to receive such gifts, grants, and endowments from public or private sources as may be made from time to time in trust or otherwise for the use and purpose of regulating or supporting nonprofit race meets as set forth in RCW 67.16.130 and 67.16.105(1); such gifts, grants, and endowments must also be deposited into the horse racing commission operating account and expended according to the terms of such gift, grant, or endowment.
(2) In order to provide funding in support of the legislative findings in RCW 67.16.101 (1) through (3), and to provide additional necessary support to the nonprofit race meets beyond the funding provided by RCW 67.16.101(4) and 67.16.102(2), the commission is authorized to spend up to three hundred thousand dollars per fiscal year from its operating account for the purpose of developing the equine industry, maintaining and upgrading racing facilities, and assisting equine health research. When determining how to allocate the funds available for these purposes, the commission must give first consideration to uses that regulate and assist the nonprofit race meets and equine health research. These expenditures may occur only when sufficient funds remain for the continued operations of the horse racing commission.
[ 2016 c 160 § 1; 2013 c 88 § 2; 2011 c 12 § 2; 2006 c 174 § 1; 2004 c 246 § 3.]
NOTES:
Effective date—2011 c 12: See note following RCW 67.16.105.
Effective date—2004 c 246: See note following RCW 67.16.270.
Structure Revised Code of Washington
Title 67 - Sports and Recreation—Convention Facilities
67.16.012 - Washington horse racing commission—Creation—Terms—Vacancies—Bonds—Oaths.
67.16.014 - Washington horse racing commission—Ex officio nonvoting members.
67.16.015 - Washington horse racing commission—Organization—Secretary—Records—Annual reports.
67.16.017 - Washington horse racing commission—Compensation and travel expenses.
67.16.020 - Duties of commission—Race meet license—Suspension.
67.16.040 - Commission to regulate and license meets—Inspection.
67.16.045 - Criminal history records—Dissemination.
67.16.050 - Application for meet—Issuance of license—Fee—Cancellation, grounds, procedure.
67.16.060 - Prohibited practices—Parimutuel system permitted—Race meet as public nuisance.
67.16.070 - Races for local breeders.
67.16.075 - Breeder's awards and owner's bonuses—Eligibility—Certification.
67.16.080 - Horses to be registered.
67.16.090 - Races not limited to horses of same breed.
67.16.100 - Disposition of fees—"Fair fund."
67.16.105 - Gross receipts—Commission's percentage—Distributions.
67.16.110 - Broadcasting and motion picture rights reserved.
67.16.130 - Nonprofit race meets—Licensing—Fees.
67.16.140 - Employees of commission—Employment restriction.
67.16.150 - Employees of commission—Commissioners—Financial interest restrictions.
67.16.160 - Rules implementing conflict of interest laws—Wagers by commissioner.
67.16.170 - Gross receipts—Retention of percentage by licensees.
67.16.175 - Exotic wagers—Retention of percentage by race meets.
67.16.200 - Parimutuel wagering at satellite locations—Simulcasts.
67.16.230 - Satellite locations—Fees.
67.16.251 - Handicapping contests.
67.16.260 - Advance deposit wagering.
67.16.270 - Violation of commission rules—Penalties.
67.16.280 - Washington horse racing commission operating account.
67.16.285 - Washington horse racing commission class C purse fund account.