{"data":{"id":"us-ky/krs-230.400","jurisdiction":"us-ky","citation":"KRS 230.400","heading":"Kentucky Thoroughbred development fund -- Contributions -- Purposes --","body":"Distribution -- Advisory committee -- Supplemental purses for Kentucky -bred\nhorses -- Official registrar -- Administrative regulations.\n(1) (a) There is hereby c reated a corporate account for the Kentucky Horse Racing\nand Gaming Corporation, designated as the Kentucky Thoroughbred\ndevelopment fund, consisting of moneys allocated to the fund under the\nprovisions of KRS 138.510, together with other moneys contribute d to or\nallocated to the fund from all other sources.\n(b) Moneys to the credit of the Kentucky Thoroughbred development fund shall\nbe transferred in the following order:\n1. One hundred thousand dollars ($100,000) each fiscal year to the\nKentucky problem ga mbling assistance account established in KRS\n230.826; and\n2. Remaining moneys to the Kentucky Horse Racing and Gaming\nCorporation to be divided as follows:\na. At least ninety percent (90%) shall be allocated within Kentucky\nas set forth in this section; and\nb. Up to ten percent (10%) for administration and operation of the\ncorporation.\n(c) Moneys from the Kentucky Thoroughbred development fund shall be\nallocated to each licensed association in an amount equal to at least ninety\npercent (90%) of the amount the association contributed to the fund.\n(d) Moneys to the credit of the Kentucky Thoroughbred development fund at the\nend of each fiscal year shall not lapse, but shall be carried forward in such\nfund to the succeeding fiscal year.\n(2) There is hereby established, under the general jurisdiction of t he Kentucky Horse\nRacing and Gaming Corporation, a Kentucky Thoroughbred Development Fund\nAdvisory Committee. The advisory committee shall consist of five (5) members, all\nof whom shall be residents of Kentucky, to be appointed by the chairman of the\nKentucky Horse Racing and Gaming Corporation by July 1 of each year. The\ncommittee shall consist of two (2) Thoroughbred breeders recommended by the\nKentucky Thoroughbred Owners and Breeders, Inc.; one (1) Thoroughbred owner\nrecommended by the Kentucky division  of the Horsemen's Benevolent and\nProtective Association; one (1) officer or director of a licensed association\nconducting Thoroughbred racing in Kentucky, recommended by action of all of the\nlicensed associations conducting Thoroughbred racing in Kentucky ; and one (1)\nmember of the Kentucky Horse Racing and Gaming Corporation. If any member\nother than the corporation member has not been recommended for appointment by\nJuly 1 of each year, the chairman of the Kentucky Horse Racing and Gaming\nCorporation shall make an appointment for the organization or organizations failing\nto recommend a member of the committee. The members of the advisory committee\nshall serve without compensation, but shall be entitled to reimbursement for all\nexpenses incurred in the disc harge of official business. The advisory committee\nshall select from its membership annually a chairman and a vice chairman.\n(3) (a) The Kentucky Thoroughbred Development Fund Advisory Committee shall\nadvise and assist the Kentucky Horse Racing and Gaming Corporation in the\ndevelopment of the supplemental purse program provided herein for\nKentucky-bred Thoroughbreds, shall make recommendations to the\ncorporation with respect to the establishment of guidelines, administrative\nregulations for the provision of  supplemental purses, the amount thereof, the\nraces for which the purses are to be provided and the conditions thereof,\nmanner and method of payment of supplemental purses, registry of\nThoroughbred stallions standing within the Commonwealth of Kentucky,\nregistry of Kentucky -bred Thoroughbreds for purposes of this section, nature\nand type of forms and reports to be employed and required in connection with\nthe establishment, provision for, award and payment of supplemental purses,\nand with respect to all other matters necessary in connection with the carrying\nout of the intent and purposes of this section.\n(b) The Kentucky Horse Racing and Gaming Corporation shall employ qualified\npersonnel as may be required to assist the corporation and the advisory\ncommittee in carrying out the provisions of this section. These persons shall\nserve at the pleasure of the corporation and compensation for these personnel\nshall be fixed by the corporation.\n(4) The Kentucky Horse Racing and Gaming Corporation, with the advice and\nassistance of the Kentucky Thoroughbred Development Fund Advisory Committee,\nshall use the Kentucky Thoroughbred development fund to promote, enhance,\nimprove, and encourage the further and continued development of the\nThoroughbred breeding industry in Ke ntucky by providing, out of the Kentucky\nThoroughbred development fund, supplemental purses for designated stakes,\nhandicap, allowance, nonclaiming maiden races, and claiming races contested at\nlicensed Thoroughbred race meetings in Kentucky. The Kentucky Horse Racing\nand Gaming Corporation may, by administrative regulation promulgated in\naccordance with KRS Chapter 13A, establish the requirements, conditions, and\nprocedures for awarding and payment of supplemental purses in designated races\nby Kentucky -bred Thoroughbred horses. That portion of the supplemental purse\nprovided for any designated race shall be awarded and paid to the owner of the\nhorse only if the horse is a Kentucky -bred Thoroughbred duly registered with the\nofficial registrar. Any portion of  the supplemental purse which is not awarded and\npaid over shall be returned to the Kentucky Thoroughbred development fund.\n(5) (a) For purposes of this section, the term \"Kentucky Thoroughbred stallion\" shall\nmean and include only a Thoroughbred stallion standing the entire breeding\nseason in Kentucky and registered as a Kentucky Thoroughbred stallion with\nthe official registrar of the Kentucky Thoroughbred development fund.\n(b) Except for Thoroughbred horses foaled prior to January 1, 1980, the term\n\"Kentucky-bred Thoroughbreds,\" for purposes of this section, shall mean and\ninclude only Thoroughbred horses sired by Kentucky Thoroughbred stallions\nfoaled in Kentucky and registered as a Kentucky -bred Thoroughbred with the\nofficial registrar of the Kentucky Thoroughbred development fund.\n(c) Any Thoroughbred horse foaled prior to January 1, 1980, may qualify as a\nKentucky-bred Thoroughbred for purposes of this section if the horse was\nfoaled in Kentucky and if the sire of the Thoroughbred was standing at stud\nwithin Kentucky at the time of conception of such Thoroughbred, provided\nthe Thoroughbred is duly registered as a Kentucky -bred Thoroughbred with\nthe official registrar of the Kentucky Thoroughbred development fund.\n(d) In order for an owner of a Kentucky -sired Thoroughbred to be eligible to\ndemand, claim, and receive a portion of a supplemental purse provided by the\nKentucky Thoroughbred development fund, the Thoroughbred horse in a\ndesignated race for which a supplemental purse has been provided by the\nKentucky Thoroughbred development fund shall have been duly registered as\na Kentucky -bred Thoroughbred with the official registrar of the Kentucky\nThoroughbred development fund prior to entry in the race.\n(6) (a) Kentucky Thoroughbred Owners and Breeders, In c., is hereby recognized and\ndesignated as the sole official registrar of the Kentucky Thoroughbred\ndevelopment fund for the purposes of registering Kentucky Thoroughbred\nstallions and Kentucky -bred Thoroughbreds in accordance with the terms of\nthis section and any administrative regulations promulgated by the Kentucky\nHorse Racing and Gaming Corporation. When a Kentucky -bred\nThoroughbred is registered with the official registrar, the registrar shall be\nauthorized to stamp the certificate issued for the Tho roughbred with the seal\nof the registrar, certifying that the Thoroughbred is a duly qualified and\nregistered Kentucky -bred Thoroughbred for purposes of this section. The\nregistrar may establish and charge, with the approval of the corporation,\nreasonable registration fees for its services in the registration of Kentucky\nThoroughbred stallions and in the registration of Kentucky -bred\nThoroughbreds. Registration records of the registrar shall be public records\nand open to public inspection at all normal business hours and times.\n(b) Any interested party aggrieved by the failure or refusal of the official registrar\nto register a stallion or Thoroughbred as a Kentucky stallion or as a Kentucky-\nbred Thoroughbred shall have the right to file with the registrar, w ithin thirty\n(30) days of such failure or refusal of the registrar, a petition seeking\nregistration of the Thoroughbred. The corporation shall promptly hear the\nmatter de novo and issue its order directing the official registrar to register or\nnot to register as it may be determined by the registrar.\n(7) The Kentucky Horse Racing and Gaming Corporation may promulgate\nadministrative regulations to carry out the provisions and purposes of this section,\nincluding the promulgation of administrative regulations and forms for the proper\nregistration of Kentucky stallions and Kentucky -bred Thoroughbreds with the\nofficial registrar, and shall administer the Kentucky -bred Thoroughbred program\ncreated hereby in a manner best designed to promote and aid in the further\ndevelopment of the Thoroughbred breeding industry in Kentucky, to upgrade the\nquality of Thoroughbred racing in Kentucky, and to improve the quality of\nThoroughbred horses bred in Kentucky.","path":["KRS Chapter 230"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=58134","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:52:47Z","sha256":"b6d2f355e9b94a926ba712b27617c4842afe5963df7b8841fc47bca38c8801e5","source_id":"us-ky","stale":false,"prev":"us-ky/krs-230.398","next":"us-ky/krs-230.403"},"notice":"GroundRules: Original legal text. Not legal advice."}