Financial Reporting Requirements, Purses and Florida Owners' Awards, Horse Racing  


  • RULE NO: RULE TITLE
    61D-8.002: Financial Reporting Requirements
    61D-8.005: Purses and Florida Owners' Awards, Horse Racing
    NOTICE OF CHANGE
    Notice is hereby given that the following changes have been made to the proposed rule in accordance with subparagraph 120.54(3)(d)1., F.S., published in Vol. 32 No. 52, December 29, 2006 issue of the Florida Administrative Weekly.

    The changes are in response to written comments received from the Joint Administrative Procedures Committee.

     

    61D-8.002 Financial Reporting Requirements.

    (1) through (9) No change.

    Specific Authority 550.0251(3), (7), (9), 550.125(2)(b), 550.155(1), 550.3551(10), 550.6305(5) FS. Law Implemented 550.0251, 550.0951(5), 550.125, 550.155, 550.3551, 550.615, 550.6305, 550.6335 FS. History–New 10-20-96, Amended 12-15-97, 9-19-04, _________.

     

    61D-8.005 Purses and Florida Owners’ Awards, Horse Racing.

    (1) through (12)(d) No change.

    (13) For conducting purse audits, the division shall require accounting records that are used to verify purse payouts, for example, contributions to the purse pool derived from live handle, intertrack wagering, and simulcast wagering; amounts distributed from the purse pool; and transfers to any breeders’ or owners’ awards program. The division shall require specific records as necessary for conducting purse audits.

    (a) through (19) No change.

    Specific Authority 550.2614(1), (2), (3), (4), 550.2625(2)(d) FS. Law Implemented 550.2614, 550.2625(2), 550.625, 550.655 FS. History– New 10-20-96, Amended 12-15-97,_________.