Texas § OC.2028.103 - SET-ASIDE FOR TEXAS-BRED PROGRAM
Full text of Texas The Texas Constitution § OC.2028.103 — SET-ASIDE FOR TEXAS-BRED PROGRAM, with citation guidance and answers to common questions.
§ OC.2028.103. SET-ASIDE FOR TEXAS-BRED PROGRAM
SET-ASIDE FOR TEXAS-BRED PROGRAM. (a) A horse racetrack association shall set aside for the Texas-bred program and pay to the commission an amount equal to one percent of a live multiple two wagering pool and a live multiple three wagering pool. From the set-aside amounts: (1) two percent shall be set aside for purposes of Subchapter F , Chapter 88 , Education Code; and (2) the remaining amount shall be allocated as follows: (A) 10 percent may be used by the appropriate state horse breed registry for administration; and (B) the remainder shall be used for awards. (a-1) The commission shall deposit money paid to the commission under Subsection (a) into the Texas-bred incentive fund established under Section 2028.301 . The commission shall distribute the money collected under this section and deposited into the fund to the appropriate state horse breed registries for the Texas-bred program in accordance with rules adopted under Subsection (c). (b) The amount set aside under Subsection (a) is in addition to any money received from the breakage. (c) The commission shall adopt rules relating to the deposit, accounting, auditing, and distribution of all amounts set aside for the Texas-bred program under this subchapter and for the use of those amounts by the state breed registries under that program. Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969 ), Sec. 1.01, eff. April 1, 2019. Amended by: Acts 2019, 86th Leg., R.S., Ch. 1366 (H.B. 3366 ), Sec. 3, eff. September 1, 2019.
Frequently Asked Questions About Texas § OC.2028.103
What does The Texas Constitution § OC.2028.103 cover?
Section OC.2028.103 ("SET-ASIDE FOR TEXAS-BRED PROGRAM") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § OC.2028.103?
A common citation format is "The Texas Constitution § OC.2028.103" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § OC.2028.103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.