Section 2030.004. Purse Supplements for Texas-Bred Races

TX Occ Code § 2030.004 (2019) (N/A)
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Sec. 2030.004. PURSE SUPPLEMENTS FOR TEXAS-BRED RACES. (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.

Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969), Sec. 1.01, eff. April 1, 2019.