Bill Text: TX HB4100 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to the regulation of wagering through telephone, the Internet, or other approved electronic means on horse races and greyhound races under the pari-mutuel system of wagering; requiring a license to operate account wagering; requiring a fee.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-20 - Referred to Licensing & Administrative Procedures [HB4100 Detail]
Download: Texas-2023-HB4100-Introduced.html
88R13342 PRL-F | ||
By: Kuempel | H.B. No. 4100 |
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relating to the regulation of wagering through telephone, the | ||
Internet, or other approved electronic means on horse races and | ||
greyhound races under the pari-mutuel system of wagering; requiring | ||
a license to operate account wagering; requiring a fee. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2021.003, Occupations Code, is amended | ||
by amending Subdivision (1) and adding Subdivisions (1-a) and (1-b) | ||
to read as follows: | ||
(1) "Account wagering" means a form of pari-mutuel | ||
wagering that allows an individual to deposit money in an account | ||
with a racetrack association or an account wagering operator for | ||
the individual's use in pari-mutuel wagering offered by the | ||
racetrack association on live or simulcast horse races or greyhound | ||
races. | ||
(1-a) "Account wagering operator" means an entity | ||
licensed by the commission to provide an account for account | ||
wagering by persons in this state. | ||
(1-b) "Accredited Texas-bred horse" means a | ||
Texas-bred horse that meets the accreditation requirements of the | ||
state horse breed registry for that breed of horse. | ||
SECTION 2. Subchapter F, Chapter 2025, Occupations Code, is | ||
amended by adding Section 2025.2511 to read as follows: | ||
Sec. 2025.2511. ACCOUNT WAGERING LICENSE. (a) A person may | ||
not offer account wagering, operate as an account wagering | ||
operator, or act as an employee of a person offering account | ||
wagering or operating as an account wagering operator unless the | ||
person or employee, as applicable, holds a license issued by the | ||
commission under this section. | ||
(b) The commission shall adopt rules and procedures for | ||
applying for or issuing, denying, or revoking a license under this | ||
section in a manner consistent with other licensing provisions of | ||
this chapter. | ||
SECTION 3. Section 2027.001(b), Occupations Code, is | ||
amended to read as follows: | ||
(b) Rules adopted under this subtitle must include rules to: | ||
(1) regulate wagering by a person licensed under this | ||
subtitle; | ||
(2) prohibit wagering by a commission employee; | ||
(3) authorize account wagering by [ |
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racetrack association or an account wagering operator under | ||
conditions the commission determines appropriate to protect the | ||
public health and safety [ |
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(4) prohibit a racetrack association from accepting a | ||
wager made on credit. | ||
SECTION 4. Section 2027.002, Occupations Code, is amended | ||
by amending Subsections (a) and (b) and adding Subsections (b-1) | ||
and (c-1) to read as follows: | ||
(a) Wagering may be conducted only by: | ||
(1) a racetrack association within the racetrack | ||
association's enclosure; or | ||
(2) an account wagering operator. | ||
(b) Except as provided by Subsection (b-1), a [ |
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not accept, in person, by telephone, or over the Internet, a wager | ||
for a horse or greyhound race conducted inside or outside this state | ||
from a person in this state unless the wager is authorized under | ||
this subtitle. | ||
(b-1) A racetrack association or an account wagering | ||
operator may accept account wagering in person or by direct | ||
telephone call or through other electronic means by the account | ||
holder. An account wagering operator that is not a racetrack | ||
association and that conducts, or any of the operator's affiliates | ||
conducts, live racing shall contract with a racetrack association | ||
for interstate simulcast wagering. An account wagering operator | ||
may contract with a racetrack association to offer wagering on live | ||
races on the account wagering operator's system only as authorized | ||
under this subtitle. | ||
(c-1) For purposes of this subtitle, account wagering by a | ||
person in this state through a racetrack association or an account | ||
wagering operator is considered wagering by a person in the | ||
enclosure of the racetrack association or of the racetrack | ||
association that has contracted with the account wagering operator. | ||
SECTION 5. Chapter 2028, Occupations Code, is amended by | ||
adding Subchapter B-1 to read as follows: | ||
SUBCHAPTER B-1. GENERAL DEDUCTIONS FROM ACCOUNT WAGERING | ||
Sec. 2028.071. DEDUCTIONS FROM ACCOUNT WAGERING. (a) The | ||
commission shall adopt rules setting the amount, less refunds, that | ||
may be deducted from the gross pari-mutuel handle of the racetrack | ||
association or account wagering operator conducting account | ||
wagering, provided that amount is not less than six percent of the | ||
handle. | ||
(b) The amount of all fees paid to the commission from | ||
account wagering may not exceed one percent of the total gross | ||
account wagering receipts, as determined by the computational | ||
equipment approved by the commission for calculating wagering as | ||
required under Section 2027.003, from wagers placed by persons in | ||
this state with each racetrack association or account wagering | ||
operator offering account wagering. | ||
SECTION 6. As soon as practicable after the effective date | ||
of this Act, the Texas Racing Commission shall adopt the rules | ||
necessary to implement the change in law made by this Act. | ||
SECTION 7. This Act takes effect September 1, 2023. |