Indiana Administrative Code
Title 71 - INDIANA HORSE RACING COMMISSION
Article 12 - SATELLITE FACILITY AND SIMULCASTING
Rule 2 - Operations
Section 2-19 - Allocation of breakage and outs

Universal Citation: 71 IN Admin Code 2-19

Current through March 20, 2024

Authority: IC 4-31-3-9; IC 4-31-9-10

Affected: IC 4-31-11-10; IC 4-31-11-11

Sec. 19.

(a) Until and including December 31, 2012, all breakage and outs shall be distributed, irrespective of the number of tracks, between the standardbred breed development fund, thoroughbred breed development fund, and quarter horse breed development fund as established by the commission under IC 4-31-11-10 as follows:

(1) Forty-eight percent (48%) to standardbred breed development.

(2) Forty-eight percent (48%) to thoroughbred breed development; and

(3) Four percent (4%) to quarter horse breed development.

(b) Beginning January 1, 2013, all breakage and outs shall be distributed, irrespective of the number of tracks, between the standardbred breed development fund, thoroughbred breed development fund, and quarter horse breed development fund as established by the commission under IC 4-31-11-10 as follows:

(1) Forty-six percent (46%) to standardbred breed development.

(2) Forty-six percent (46%) to thoroughbred breed development; and

(3) Eight percent (8%) to quarter horse breed development.

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