Minnesota Administrative Rules
Agency 178 - Racing Commission
Chapter 7880 - ADVANCE DEPOSIT WAGERING
Part 7880.0090 - PAYMENTS TO THE STATE

Universal Citation: MN Rules 7880.0090

Current through Register Vol. 49, No. 13, September 23, 2024

Subpart 1. Agreement.

A licensed racetrack must negotiate a separate agreement, with the horsepersons organization representing a majority of horsepersons racing at the licensed racetrack, for the apportionment of source market fees set aside for purse accounts and the breeders fund pursuant to Minnesota Statutes, section 240.131, subdivision 6, paragraph (d). The agreement must be approved by the commission.

Subp. 2. Payment to state.

A licensed racetrack shall remit source market fees set aside for the breeders fund pursuant to Minnesota Statutes, section 240.131, subdivision 6, paragraph (d), to the state no later than seven days after the end of the month in which it receives the fees from the advance deposit wagering provider.

Statutory Authority: MS s 14.389; 240.131

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