Texas Occupations Code 2028.203 – Reimbursement for Simulcast Signal Cost
Current as of: 2024 | Check for updates
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If a racetrack association purchases an interstate simulcast signal and the signal cost exceeds five percent of the pari-mutuel pool, the commission, from the escrowed account under Section 2028.202(b)(4), shall reimburse the racetrack association an amount equal to one-half of the signal cost that exceeds five percent of the pari-mutuel pool.