Sec. 2028.001. ADOPTION OF REQUIREMENTS OR OTHER PERFORMANCE MEASURES. (a) For any organization that receives funds generated by live or simulcast pari-mutuel racing, the commission shall adopt reporting, monitoring, and auditing requirements or other appropriate performance measures for:
(1) any funds distributed to or used by the organization; and
(2) any function or service provided by the expenditure of the funds described by Subdivision (1).
(b) The commission shall adopt the requirements or performance measures after consultation with the affected organization. In adopting the rules, the commission shall consider the concerns of the affected organization.
Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969), Sec. 1.01, eff. April 1, 2019.
Structure Texas Statutes
Title 13 - Sports, Amusements, and Entertainment
Subtitle A-1 - Texas Racing Act
Chapter 2028 - Pari-Mutuel Pools, Purses, and Fees
Subchapter A. Commission Oversight of Pari-Mutuel Racing Funds
Section 2028.001. Adoption of Requirements or Other Performance Measures