71 IAC 12-2-19 Allocation of breakage and outs

Sec. 19. (a) Until and including December 31, 2012, all breakage and outs shall be distributed, irrespective of the number of tracks, between the standardbred breed development fund, thoroughbred breed development fund, and quarter horse breed development fund as established by the commission under IC 4-31-11-10 as follows: (1) Forty-eight percent (48%) to standardbred breed development. (2) Forty-eight percent (48%) to thoroughbred breed development; and (3) Four percent (4%) to quarter horse breed development. (b) Beginning January 1, 2013, all breakage and outs shall be distributed, irrespective of the number of tracks, between the standardbred breed development fund, thoroughbred breed development fund, and quarter horse breed development fund as established by the commission under IC 4-31-11-10 as follows: (1) Forty-six percent (46%) to standardbred breed development. (2) Forty-six percent (46%) to thoroughbred breed development; and (3) Eight percent (8%) to quarter horse breed development.