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h_agr_2018a_2018-03-19t13:31:24z0 Hearing Summary




PUBLIC
BILL SUMMARY For SB18-182

HOUSE COMMITTEE ON AGRICULTURE, LIVESTOCK, & NATURAL RESOURCES
Date Mar 19, 2018      
Location HCR 0107



SB18-182 - Referred to the Committee of the Whole


01:34:48 PM  

Representatives Catlin and Arndt, co-prime sponsors, presented Senate Bill 18-182, concerning the authority to allocate a potion of the source market fee to statutorily authorized purse funds.  The bill authorizes the director of the Racing Division in the Department of Revenue (DOR) to allocate a portion of the source market fee deposited into the Horse Breeders' and Owners' Awards and Supplemental Purse Fund (Purse Fund) if he or she determines that such an allocation is necessary to maintain a sufficient and competitive purse structure.  This fund is to be paid as authorized by the director of the Racing Division as purses for races held at live race meets in Colorado or as otherwise directed by the Colorado Racing Commission.

01:35:04 PM  

Bruce Seymore, Mile High Racing, testified in support of the bill and responded to questions from the committee.

01:38:35 PM  
Tom Downey, Mile High Racing, testified in support of the bill and responded to questions from the committee.
01:40:12 PM  
Dan Hartman, Colorado Division of Racing, responded to questions from the committee regarding off-track betting in other states.
01:42:11 PM  
Representatives Arndt and Catlin made concluding on the bill. Committee discussion ensued.


01:45:02 PM
Motion Refer Senate Bill 18-182 to the Committee of the Whole.
Moved Catlin
Seconded Arndt
Becker J. Excused
Buck Yes
Catlin Yes
Danielson Yes
Hansen Yes
Jackson Yes
Landgraf Yes
McKean Yes
Roberts Yes
Saine Yes
Valdez Yes
Esgar Excused
Arndt Yes
Final YES: 11   NO: 0   EXC: 2   ABS:  0   FINAL ACTION:  PASS