99D.12 - BREAKAGE.
99D.12 BREAKAGE.
A licensee shall deduct the breakage from the pari-mutuel pool
which shall be distributed to the breeders of Iowa-foaled horses and
Iowa-whelped dogs in the manner described in section 99D.22. The
remainder of the breakage shall be distributed as follows:
1. In horse races the breakage shall be retained by the licensee
to supplement purses for races restricted to Iowa- foaled horses or
to supplement purses won by Iowa-foaled horses by finishing first,
second, third, or fourth in any other race. The purse supplements
will be paid in proportion to the purse structure of the race. Two
percent shall be deposited by the commission into a special fund to
be known as the horse racing promotion fund. The commission each
year shall approve a nonprofit organization to use moneys in the fund
for research, education, and marketing of horse racing in the state,
including public relations, and other promotional techniques. The
nonprofit organization shall not engage in political activity. It
shall be a condition of the allocation of funds that any organization
receiving funds shall not expend the funds on political activity or
on any attempt to influence legislation.
2. In dog races the breakage shall be distributed as follows:
a. Seventy-three percent shall be retained by the licensee to
supplement purses for races won by Iowa- whelped dogs as provided in
section 99D.22.
b. Twenty-five percent shall be retained by the licensee and
shall be put into a stake race for Iowa-whelped dogs. An amount
equal to twelve percent of the winner's share shall be set aside and
distributed to the breeder of the winning greyhound in accordance
with section 99D.22 and the remainder shall be apportioned as purse
moneys for the stake race. All dogs racing in the stake race must
have run in at least twelve races during the current racing season at
the track sponsoring the stake race to qualify to participate.
c. Two percent shall be deposited by the commission into a
special fund to be known as the dog racing promotion fund. The
commission each year shall approve a nonprofit organization to use
moneys in the fund for research, education, and marketing of dog
racing in the state, including public relations, and other
promotional techniques. The nonprofit organization shall not engage
in political activity. It shall be a condition of the allocation of
funds that any organization receiving funds shall not expend the
funds on political activity or on any attempt to influence
legislation. Section History: Recent Form
83 Acts, ch 187, § 12; 84 Acts, ch 1266, § 14; 88 Acts, ch 1137, §
2; 89 Acts, ch 216, §2, 3; 91 Acts, ch 166, §4; 92 Acts, ch 1203, §6
Referred to in § 99D.9, 99D.10, 99D.11, 99D.22