Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Occupations Code § 2028.101: DEDUCTIONS FROM HORSE PARI-MUTUEL POOLS.

Where this section sits in the code

OCCUPATIONS CODE
TITLE 13. SPORTS, AMUSEMENTS, AND ENTERTAINMENT
SUBTITLE A-1. TEXAS RACING ACT
CHAPTER 2028. PARI-MUTUEL POOLS, PURSES, AND FEES
SUBCHAPTER C. DISPOSITION OF HORSE PARI-MUTUEL POOLS AND OTHER AMOUNTS RELATED TO HORSE RACING

(a) A horse racetrack association shall deduct an amount from each pari-mutuel pool to be distributed as provided by Sections 2028.102, 2028.103, and 2028.104.

(b) The total maximum deduction under Subsection (a) is:

(1) 18 percent from a regular wagering pool;

(2) 21 percent from a multiple two wagering pool; and

(3) 25 percent from a multiple three wagering pool.

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

Collected 2026-08-27T01:47:31Z. Source file · JSON

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