Louisiana Revised Statutes 4:158.1 – A. Beginning January 1, 2015, the commission shall require a licensed association to submit a written report that may include the following information:
Terms Used In Louisiana Revised Statutes 4:158.1
- 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.
A. Beginning January 1, 2015, the commission shall require a licensed association to submit a written report that may include the following information:
(1) The plan of operation for each fiscal year which shall include but not be limited to customer service, marketing and promotions relative to horse racing, capital improvement, facility maintenance, and facility improvements. “Facility maintenance” and “facility improvements” shall include but not be limited to track surface, barns, grandstands, and paddocks.
(2) A summary of the implementation and status of the prior year’s plan.
B. The commission shall adopt rules in accordance with the Administrative Procedure Act to implement the provisions of this Section, including, as appropriate, standard forms to be used for the annual report and plan of operation.
Acts 2014, No. 731, §1; Acts 2022, No. 525, §1, eff. June 16, 2022.