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Can you summarize 31 VTST Chapter 13?
Recreation and Sports > HORSE RACING
Short Summary
These legal documents pertain to the horse racing industry in Vermont. They establish the process for assessing licensees in the industry to cover any deficits in the Racing Commission’s expenditures. The assessments are to be made on an equitable and practicable basis determined by the Commission. Failure to remit payment for the expense apportionment may result in the revocation or suspension of the licensee’s license for a minimum period of one year. Additionally, the Commission is granted the authority to collect assessments in the same manner as the Commissioner of Taxes enforces and collects income tax. Agricultural fair licensees are exempt from these assessments. The documents also outline the financial obligations and penalties for licensees in the horse racing industry in Vermont. Licensees are required to pay fees for each day of racing or simulcasting, with different fee amounts for different types of licensees. The documents also specify the devices to be used to determine the positions of the first three contestants finishing in each race. The Racing Commission is responsible for supervising each running or harness horse race or meet conducted under this chapter. The Commission is also responsible for assigning racing dates and ensuring there are no conflicts between race tracks and agricultural fairs. The documents also govern the sale of pari-mutuel pools within the enclosure of race tracks or authorized simulcast locations. Licensees conducting races or race meets are permitted to sell these pools under the regulations prescribed by the Commission. The Commission receives a percentage of the pari-mutuel pool, and the licensee retains the remaining commission. The documents also outline the payments to be made to the Racing Commission based on the number of licensed programs conducted by the licensee. The documents also specify the requirements and procedures for obtaining horse racing licenses in Vermont. Applicants must file applications with the Commission, accompanied by the required license fee. The documents also govern the eligibility and licensing requirements for fair associations or corporations conducting annual agricultural fairs in Vermont. The documents also establish the Racing Commission in Vermont, including its composition, appointment process, and responsibilities. The Commission is responsible for issuing, revoking, and regulating licenses for horse racing in Vermont. The documents also specify the licenses and registrations required for persons participating in racing on the grounds of an association. The Commission has the authority to conduct hearings, issue subpoenas, and investigate matters related to the administration of the Commission and activities conducted under its jurisdiction. No specific exemptions or penalties are mentioned in these documents.
Whom does it apply to?
Licensees conducting horse racing under this chapter, agricultural fair licensees
What does it govern?
Horse racing industry in Vermont
What are exemptions?
Agricultural fair licensees are exempt from assessments
What are the Penalties?
Revocation or suspension of the licensee's license for a minimum period of one year
Jurisdiction
Vermont