Utah Code 4-38-402. Horse Racing Account created — Contents — Use of account money
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(1) There is created within the General Fund a restricted account known as the Horse Racing Account.
Terms Used In Utah Code 4-38-402
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
(2) The Horse Racing Account consists of:
(2)(a) license fees collected under this chapter;
(2)(b) revenue from fines imposed under this chapter; and
(2)(c) interest on account money.
(3) Upon appropriation by the Legislature, money from the account shall be used for the administration of this chapter, including paying the costs of:
(3)(a) public liability insurance;
(3)(b) stewards;
(3)(c) veterinarians; and
(3)(d) drug testing.