Indiana Code 4-35-8.7-3. Gaming integrity fund; uses of money in the fund; appropriation
(b) The fund shall be administered by the Indiana horse racing commission.
Terms Used In Indiana Code 4-35-8.7-3
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- fund: means the gaming integrity fund established by section 3 of this chapter. See Indiana Code 4-35-8.7-1
(1) seventy-five thousand dollars ($75,000); multiplied by
(2) the number of racetracks operated by the licensee;
from the fund to the Indiana state board of animal health to be used by the state board to pay the costs associated with equine health and equine care programs under IC 15-17.
(d) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested.
(e) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
(f) Money in the fund may be used by the Indiana horse racing commission only for the following purposes:
(1) To pay the cost of taking and analyzing equine biological samples under IC 4-31-12-6(b) or another law or rule and the cost of any supplies related to the taking or analysis of biological samples.
(2) To pay dues to the Drug Testing Standards and Practices (DTSP) Committee of the Association of Racing Commissioners International.
(3) To provide grants for research for the advancement of equine drug testing. Grants under this subdivision must be approved by the Drug Testing Standards and Practices (DTSP) Committee of the Association of Racing Commissioners International or by the Racing Mediation and Testing Consortium.
(4) To pay the costs of post-mortem examinations under IC 4-31-12-10.
(5) To pay other costs incurred by the commission to maintain the integrity of pari-mutuel racing.
(g) Money in the fund is continuously appropriated to the Indiana horse racing commission to carry out the purposes described in subsection (f).
As added by P.L.233-2007, SEC.21. Amended by P.L.142-2009, SEC.27; P.L.229-2011, SEC.61; P.L.213-2015, SEC.54; P.L.149-2016, SEC.15; P.L.217-2017, SEC.43; P.L.268-2017, SEC.37; P.L.86-2018, SEC.10; P.L.168-2019, SEC.22.