This bill amends R.S. 4:177 concerning horse racing in Louisiana, specifically addressing the payment of breeder awards. The legislation stipulates that each licensed entity conducting race meets must pay ten percent of the total purse earned by accredited Louisiana bred horses, rather than just the winner's share as previously stated. This payment is to be made to the breeders of the first, second, and third place winners within thirty days after the race meeting concludes.

Additionally, the bill clarifies that the provisions for breeder awards do not apply to races exclusively for accredited Louisiana bred horses, which will instead receive their awards from the Louisiana State Racing Commission using designated funds. This change aims to enhance the support for breeders and promote the breeding of horses within the state.

Statutes affected:
HB131 Original:
HB131 Engrossed:
HB131 Enrolled:
HB131 Act 598: