Current through Register Vol. 49, No. 13, September 23, 2024
Subpart
1.
Definitions.
For purposes of this part, the following terms have the
meanings given them unless another intention is made clear
A. "Breeder" of a Thoroughbred horse means
the owner or lessee of the dam at the time of foaling.
B. "Minnesota-bred" or "Minnesota-foaled"
means a horse foaled in Minnesota by a broodmare registered with the Racing
Commission.
C. "Minnesota-sire"
means a stallion that has stood the entire breeding season, between January 31
and July 31, in Minnesota.
Subp.
2.
Division of money.
The money available from the breeders' fund for the
thoroughbred breed category shall be divided as follows:
A. Eighty percent shall be set aside and paid
to breeders of Minnesota-bred horses as breeders' awards.
B. Twenty percent shall be set aside and paid
as stallion awards to the owners of the Minnesota-sire at the time of
breeding.
Subp. 3.
Distribution of money.
The money available from the Thoroughbred breeders' fund, other
than purse supplements earned pursuant to Minnesota Statutes, section
240.135, shall
be distributed as follows:
A.
"Breeders' awards" shall be paid to the breeder or lessee of a Minnesota-bred
horse, as reflected on the Jockey Club physical or digital certificate, that
earns purse earnings in any North American pari-mutuel race. The amount of
award shall be a percentage of the total amount available for all awards. Purse
earnings earned in any North American race that is conducted outside of
Minnesota during the Minnesota Thoroughbred racing meeting shall not count
toward qualified earnings. A horse's earnings in any single race must not be
worth more than the winner's share of the largest purse offered during the
Minnesota Thoroughbred racing meeting.
B. "Stallion awards" shall be paid to the
owners or lessees of the Minnesota-sire of a Minnesota-bred horse that earns
purse earnings in any pari-mutuel race. The amount of award shall be a
percentage of the total amount available for all awards. Purse earnings earned
in any North American race outside of Minnesota during the Minnesota
Thoroughbred racing meeting shall not count toward qualified earnings. A
horse's earnings in any single race must not be worth more than the winner's
share of the largest purse offered during the Minnesota Thoroughbred racing
meeting.
Subp. 5.
Purse
supplements.
The Racing Commission may set fixed amounts for stakes races
and varying percentages for overnight races to be applied as purse supplements
that may be earned during the current racing meeting. Purse supplements shall
be paid out for Minnesota-bred and registered horses participating in stakes
races in the same percentage as the purse earnings in the race. The Racing
Commission may, in its discretion, during the course of a racing meeting vary
the percentages set for the purpose of keeping purse supplements consistent
with the amount of money being earned in the breeders' fund. The Racing
Commission shall consider the following criteria in determining the applicable
percentages:
A. the total amount of
purse supplements to be distributed;
B. the need to distribute purse supplements
in a fair and equitable manner with a view toward encouraging the continued
support of the horse industry in Minnesota, thereby providing incentive to
breeders and owners of thoroughbred horses within the state; and
C. that the set amount of the purse
supplements or any adjustments made thereto are in the best interest of horse
racing within the state.
Subp.
6.
Time of payment.
A. All money allocated for breeders' awards
and stallion awards to be distributed according to subpart
3, shall be distributed by
December 31 of the year earned. If all results are not official 60 days
following the end of the Minnesota Thoroughbred racing meeting, the Racing
Commission will calculate awards based on results that are official. Any
results not made official 60 days following the end of the Minnesota
Thoroughbred racing meeting that are eligible for awards will be used to
calculate awards to be distributed during the year of final decision.
B. For the purposes of breeders' awards and
stallion awards, both available award money and qualified purse earnings shall
be totaled annually from October 1 to September 30.
Subp. 7. [Repealed, 12 SR 2393]
Subp. 8.
Residual funds.
All unearned purse supplements shall be retained and carried
forward to be included as net distributable funds in the succeeding
thoroughbred race meeting.
Statutory Authority: MS s
240.18;
240.23;
240.24
