2015 Kentucky Revised Statutes CHAPTER 230 - HORSE RACING AND SHOWING 230.400 Thoroughbred development fund -- Allocation -- Advisory committee -- Uses of fund.
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230.400 Thoroughbred development fund -- Allocation -- Advisory committee -Uses of fund.
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There is hereby created a trust and revolving fund for the Kentucky Horse Racing
Commission, designated as the Kentucky Thoroughbred development fund,
consisting of money allocated to the fund under the provisions of KRS 138.510,
together with other money contributed to or allocated to the fund from all other
sources. Money to the credit of the Kentucky Thoroughbred development fund shall
be distributed by the Treasurer for the purposes of this section upon authorization of
the Kentucky Horse Racing Commission and upon approval of the secretary of the
Finance and Administration Cabinet. Money from the Kentucky Thoroughbred
development fund shall be allocated to each licensed association in an amount equal
to the amount the association contributed to the fund. Money to the credit of the
Kentucky Thoroughbred development fund at the end of each fiscal year shall not
lapse, but shall be carried forward in such fund to the succeeding fiscal year.
There is hereby established, under the general jurisdiction of the Kentucky Horse
Racing Commission, a Kentucky Thoroughbred Development Fund Advisory
Committee. The advisory committee shall consist of five (5) members, all of whom
shall be residents of Kentucky, to be appointed by the chairman of the Kentucky
Horse Racing Commission by July 1 of each year. The committee shall consist of
two (2) Thoroughbred breeders recommended by the Kentucky Thoroughbred
Owners and Breeders, Inc.; one (1) Thoroughbred owner recommended by the
Kentucky division of the Horsemen's Benevolent and Protective Association; one
(1) officer or director of a licensed association conducting Thoroughbred racing in
Kentucky, recommended by action of all of the licensed associations conducting
Thoroughbred racing in Kentucky; and one (1) member of the Kentucky Horse
Racing Commission. If any member other than the racing commission member has
not been recommended for appointment by July 1 of each year, the chairman of the
Kentucky Horse Racing Commission shall make an appointment for the
organization or organizations failing to recommend a member of the committee.
The members of the advisory committee shall serve without compensation, but shall
be entitled to reimbursement for all expenses incurred in the discharge of official
business. The advisory committee shall select from its membership annually a
chairman and a vice chairman.
(a) The Kentucky Thoroughbred Development Fund Committee shall advise and
assist the Kentucky Horse Racing Commission in the development of the
supplemental purse program provided herein for Kentucky-bred
Thoroughbreds, shall make recommendations to the racing commission from
time to time with respect to the establishment of guidelines, administrative
regulations for the provision of supplemental purses, the amount thereof, the
races for which the purses are to be provided and the conditions thereof,
manner and method of payment of supplemental purses, registry of
Thoroughbred stallions standing within the Commonwealth of Kentucky,
registry of Kentucky-bred Thoroughbreds for purposes of this section, nature
and type of forms and reports to be employed and required in connection with
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the establishment, provision for, award and payment of supplemental purses,
and with respect to all other matters necessary in connection with the carrying
out of the intent and purposes of this section.
(b) The Kentucky Horse Racing Commission shall employ qualified personnel as
may be required to assist the racing commission and the advisory committee
in carrying out the provisions of this section. These persons shall serve at the
pleasure of the racing commission and compensation for these personnel shall
be fixed by the racing commission. The compensation of these personnel and
the necessary expenses incurred by the racing commission or by the
committee in carrying out the provisions of this section shall be paid out of the
Kentucky Thoroughbred development fund.
The Kentucky Horse Racing Commission, with the advice and assistance of the
Kentucky Thoroughbred Development Fund Advisory Committee, shall use the
Kentucky Thoroughbred development fund to promote, enhance, improve, and
encourage the further and continued development of the Thoroughbred breeding
industry in Kentucky by providing, out of the Kentucky Thoroughbred development
fund, supplemental purses for designated stakes, handicap, allowance, nonclaiming
maiden races, and allowance optional claiming races for a claiming price of not less
than twenty-five thousand dollars ($25,000) contested at licensed Thoroughbred
race meetings in Kentucky. The Kentucky Horse Racing Commission shall, by
administrative regulation promulgated in accordance with KRS Chapter 13A,
establish the requirements, conditions, and procedures for awarding and payment of
supplemental purses in designated races by Kentucky-bred Thoroughbred horses.
That portion of the supplemental purse provided for any designated race shall be
awarded and paid to the owner of the horse only if the horse is a Kentucky-bred
Thoroughbred duly registered with the official registrar. Any portion of the
supplemental purse which is not awarded and paid over shall be returned to the
Kentucky Thoroughbred development fund.
(a) For purposes of this section, the term "Kentucky Thoroughbred stallion" shall
mean and include only a Thoroughbred stallion standing the entire breeding
season in Kentucky and registered as a Kentucky Thoroughbred stallion with
the official registrar of the Kentucky Thoroughbred development fund.
(b) Except for Thoroughbred horses foaled prior to January 1, 1980, the term
"Kentucky-bred Thoroughbreds," for purposes of this section, shall mean and
include only Thoroughbred horses sired by Kentucky Thoroughbred stallions
foaled in Kentucky and registered as a Kentucky-bred Thoroughbred with the
official registrar of the Kentucky Thoroughbred development fund.
(c) Any Thoroughbred horse foaled prior to January 1, 1980, may qualify as a
Kentucky-bred Thoroughbred for purposes of this section if the horse was
foaled in Kentucky and if the sire of the Thoroughbred was standing at stud
within Kentucky at the time of conception of such Thoroughbred, provided
the Thoroughbred is duly registered as a Kentucky-bred Thoroughbred with
the official registrar of the Kentucky Thoroughbred development fund.
(d) In order for an owner of a Kentucky-sired Thoroughbred to be eligible to
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demand, claim, and receive a portion of a supplemental purse provided by the
Kentucky Thoroughbred development fund, the Thoroughbred horse in a
designated race for which a supplemental purse has been provided by the
Kentucky Thoroughbred development fund must have been duly registered as
a Kentucky-bred Thoroughbred with the official registrar of the Kentucky
Thoroughbred development fund prior to entry in the race.
(a) Kentucky Thoroughbred Owners and Breeders, Inc., is hereby recognized and
designated as the sole official registrar of the Kentucky Thoroughbred
development fund for the purposes of registering Kentucky Thoroughbred
stallions and Kentucky-bred Thoroughbreds in accordance with the terms of
this section and any administrative regulations promulgated by the Kentucky
Horse Racing Commission. When a Kentucky-bred Thoroughbred is
registered with the official registrar, the registrar shall be authorized to stamp
the Jockey Club certificate issued for the Thoroughbred with the seal of the
registrar, certifying that the Thoroughbred is a duly qualified and registered
Kentucky-bred Thoroughbred for purposes of this section. The registrar may
establish and charge, with the approval of the racing commission, reasonable
registration fees for its services in the registration of Kentucky Thoroughbred
stallions and in the registration of Kentucky-bred Thoroughbreds. Registration
records of the registrar shall be public records and open to public inspection at
all normal business hours and times.
(b) Any interested party aggrieved by the failure or refusal of the official registrar
to register a stallion or Thoroughbred as a Kentucky stallion or as a Kentuckybred Thoroughbred shall have the right to file with the racing commission,
within thirty (30) days of such failure or refusal of the registrar, a petition
seeking registration of the Thoroughbred. The racing commission shall
promptly hear the matter de novo and issue its order directing the official
registrar to register or not to register as it may be determined by the racing
commission.
The Kentucky Horse Racing Commission shall promulgate administrative
regulations as may be necessary to carry out the provisions and purposes of this
section, including the promulgation of administrative regulations and forms as may
be appropriate for the proper registration of Kentucky stallions and Kentucky-bred
Thoroughbreds with the official registrar, and shall administer the Kentucky-bred
Thoroughbred program created hereby in a manner best designed to promote and
aid in the further development of the Thoroughbred breeding industry in Kentucky,
to upgrade the quality of Thoroughbred racing in Kentucky, and to improve the
quality of Thoroughbred horses bred in Kentucky.
Effective: April 10, 2014
History: Amended 2014 Ky. Acts ch. 106, sec. 2, effective April 10, 2014. -- Amended
2010 Ky. Acts ch. 24, sec. 483, effective July 15, 2010. -- Amended 2004 Ky. Acts
ch. 191, sec. 39, effective July 13, 2004. -- Amended 1992 Ky. Acts ch. 109, sec. 32,
effective March 30, 1992. -- Amended 1982 Ky. Acts ch. 100, sec. 7, effective July
15, 1982. -- Created 1978 Ky. Acts ch. 190, sec. 1, effective June 17, 1978.
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