State Codes and Statutes
Statutes > Indiana > Title4 > Ar35 > Ch8.7IC 4-35-8.7
Chapter 8.7. Gaming Integrity Fee
IC 4-35-8.7-1
"Fund"
Sec. 1. As used in this chapter, "fund" means the gaming integrity
fund established by section 3 of this chapter.
As added by P.L.233-2007, SEC.21.
IC 4-35-8.7-2
Gaming integrity fee imposed
Sec. 2. A licensee that offers slot machine wagering under this
article shall annually pay to the Indiana horse racing commission a
gaming integrity fee equal to two hundred fifty thousand dollars
($250,000) for each racetrack at which the licensee offers slot
machine wagering. The Indiana horse racing commission shall
deposit gaming integrity fees in the fund.
As added by P.L.233-2007, SEC.21. Amended by P.L.142-2009,
SEC.26.
IC 4-35-8.7-3
Gaming integrity fund established
Sec. 3. (a) The gaming integrity fund is established.
(b) The fund shall be administered by the Indiana horse racing
commission.
(c) The fund consists of gaming integrity fees deposited in the
fund under this chapter and money distributed to the fund under
IC 4-35-7-12.
(d) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public funds may be invested.
(e) Money in the fund at the end of a state fiscal year does not
revert to the state general fund.
(f) Money in the fund may be used by the Indiana horse racing
commission only for the following purposes:
(1) To pay the cost of analyzing equine specimens under
IC 4-31-12-6(b).
(2) To pay dues to the Drug Testing Standards and Practices
(DTSP) Committee of the Association of Racing
Commissioners International.
(3) To provide grants for research for the advancement of
equine drug testing. Grants under this subdivision must be
approved by the Drug Testing Standards and Practices (DTSP)
Committee of the Association of Racing Commissioners
International or by the Racing Mediation and Testing
Consortium.
As added by P.L.233-2007, SEC.21. Amended by P.L.142-2009,
SEC.27.
