Sec. 2028.101. DEDUCTIONS FROM HORSE PARI-MUTUEL POOLS. (a) A horse racetrack association shall deduct an amount from each pari-mutuel pool to be distributed as provided by Sections 2028.102, 2028.103, and 2028.104.
(b) The total maximum deduction under Subsection (a) is:
(1) 18 percent from a regular wagering pool;
(2) 21 percent from a multiple two wagering pool; and
(3) 25 percent from a multiple three wagering pool.
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 C. Disposition of Horse Pari-Mutuel Pools and Other Amounts Related to Horse Racing
Section 2028.101. Deductions From Horse Pari-Mutuel Pools
Section 2028.102. Horse Racetrack Association Set-Asides for Purses; Purse Accounts
Section 2028.103. Set-Aside for Texas-Bred Program
Section 2028.104. Racetrack Association Commission
Section 2028.105. Allocation of Breakage
Section 2028.106. Limitation on Purse Deduction
Section 2028.107. Limitation on Incentives Awarded to Certain Horses