Texas Occupations Code 2030.004 – Purse Supplements for Texas-Bred Races
Current as of: 2024 | Check for updates
|
Other versions
(a) In this section, “Texas-bred race” has the meaning assigned by Section 2030.003.
(b) To encourage horse breeding in this state, an accredited Texas-bred horse finishing first, second, or third in a race in this state, except a restricted stakes race, is entitled to receive a purse supplement.
(c) Funds for the purse supplements shall be derived from the breakage as provided by Subchapters C and E, Chapter 2028.
(d) An accredited Texas-bred Thoroughbred horse that finishes first, second, or third in a race other than a Texas-bred race is entitled to receive an owner’s bonus award as a purse supplement. Twenty-five percent of the Texas-bred program funds received under Subchapters C and E, Chapter 2028, excluding expenses for administration of the Texas-bred program, shall be allocated to fund the bonus awards.
