Changes to Existing Law

Notwithstanding any other provision of this chapter, the commission may12 authorize any licensee to participate in an interstate combined wagering pool with one or more13 other racing jurisdictions. If a licensee participates in an interstate combined wagering pool, the14 licensee may adopt the take-out of the host jurisdiction or facility. The State of South Dakota 100 copies were printed on recycled paper by the South DakotaLegislative Research Council at a cost of $.167 per page.v Insertions into existing statutes are indicated by underscores.Deletions from existing statutes are indicated by overstrikes. - 2 -HB 1251 state shall receive one and one-half percent of the total contributed in this state, and the special1 racing revolving fund and the South Dakota-bred racing fund shall each receive one and one- half two percent of the total contributed in this state. However, if the licensee participating in3 the interstate combined wagering pool is a multi-jurisdictional totalizator hub, the total portion4 to be received by the state shall be one-fourth of one percent of the total contributed through the5 hub, of which the special racing revolving fund shall receive one-fifth of one percent of the total6 contributed through the hub and the South Dakota-bred racing fund shall receive one-twentieth7 of one percent of the total contributed through the hub. Any such interstate combined wagering8 pool may only apply to horse and dog racing authorized by this chapter. Section 3. Section 2 of this Act is effective on July 1, 2021.10