Sec. 2. The Indiana horse racing commission operating fund is established. The fund shall be administered by the commission. The fund does not revert to the state general fund at the end of a state fiscal year.
As added by P.L.341-1989(ss), SEC.2.
Sec. 3. The fund consists of the following:
(1) Taxes paid into the fund under IC 4-31-9-3(b)(2).
(2) Transfers from the Indiana horse racing commission under IC 4-35-7-12.5.
(3) Appropriations made by the general assembly.
As added by P.L.341-1989(ss), SEC.2. Amended by P.L.108-2019, SEC.71.
Sec. 4. The commission shall use the fund to pay its operating costs and to pay the costs of administering and enforcing this article.
As added by P.L.341-1989(ss), SEC.2.