Today's Law As Amended


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AB-1473 Horse racing: takeouts: disclosure to patrons.(2019-2020)



As Amends the Law Today


SECTION 1.

 Section 19610.7 is added to the Business and Professions Code, to read:

19610.7.
 A racing association or fair shall inform patrons, through the official program, of the takeout being applied to the handle for the racing meeting.
SEC. 2.
 No reimbursement is required by this act pursuant to Section 6 of Article XIII B of the California Constitution because the only costs that may be incurred by a local agency or school district will be incurred because this act creates a new crime or infraction, eliminates a crime or infraction, or changes the penalty for a crime or infraction, within the meaning of Section 17556 of the Government Code, or changes the definition of a crime within the meaning of Section 6 of Article XIII B of the California Constitution.