Pari-mutuel events-distribution of fees.

2017
STATE OF WYOMING
17LSO-0425
ENGROSSED
2.1

HOUSE BILL

NO.
HB0173

Pari-mutuel events-distribution of fees.

Sponsored by:
Representative(s) Nicholas, B. and Lindholm and Senator(s) Burns

A BILL

for

AN ACT relating to pari-mutuel wagering; providing for distribution of fees to the general fund as specified; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 11
‑
25
‑
105(b)
(ii), (iii)
,
by creating a new paragraph (iv)
and (d)
is amended to read:

11
‑
25
‑
105
.

Pari
‑
mutuel permits; fees and reports; disposition of funds; enforcement of provisions.

(b)

Every Wednesday following any pari
‑
mutuel event, the permittee shall:

(ii)

Pay an amount equal to
one
‑
half percent (1/2%)

one-quarter of one percent (.25%)
of the total amount wagered attributable to historic pari
‑
mutuel events and one and one
‑
half percent (1 1/2%) of the total amount wagered attributable to live pari
‑
mutuel events, shown by the report to the commission, to be credited by the state treasurer to a separate account, in the manner indicated in subsection (d) of this section;
and

(iii)

Pay an amount equal to one percent (1%) of the total amount wagered attributable to historic pari
‑
mutuel events, shown by the report to the commission, to be transferred by the commission to the county and the city or town in which the permittee is located, in equal shares, or to the county alone if the permittee is not located within the boundaries of a city or town
;
.

and

(iv)

Pay an amount equal to
one-quarter of one percent (.25%)
of the total amount wagered attributable to historic pari
‑
mutuel events, shown by the report to the commission, to be credited by the state treasurer to the general fund.

(
d)

All sums paid to the commission under this act except contributions from permittees to the breeder award fund, amounts paid under paragraph (b)(iii)

or (iv)
of this section, fines and penalties shall be credited to the pari
‑
mutuel account which shall be used by the commission for the payment of all expenses incurred in enforcing this act. All fines and penalties collected under this act shall be paid to the state treasurer and credited as provided in W.S. 8
‑
1
‑
109. The state treasurer shall pay out of the account all warrants drawn by the state auditor, upon vouchers issued and signed by the president, vice
‑
president or executive secretary of the commission. The commission shall keep an accurate and true account of all funds received and all vouchers issued by the commission. All funds received and all vouchers issued by the commission shall be audited at least biennially by the director of the state department of audit or his designee and a copy of the audit shall be delivered within thirty (30) days after completion to the governor and the commission. The costs of the audit shall be borne by the commission. The members of the commission shall receive per diem and mileage as provided in W.S. 33
‑
1
‑
302(a)(vii), and compensation of fifty dollars ($50.00) for each day during which they are
actually engaged in the discharge of their duties. The total expenses incurred by the commission shall not exceed the total amount in the pari
‑
mutuel account.

In the event unencumbered, unobligated funds within the pari-mutuel account exceed the anticipated expenses to be incurred by the commission during the next fiscal year, funds in excess of the anticipated expenses shall be credited to the general fund.

Section

2
.

This
act is effective July 1,
201
7
.

(END)

1
HB0173