CHAPTER 8.7. GAMING INTEGRITY FEE - Indiana Statutes

IC 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.