Section R19-2-205. Regulatory Wagering Assessment of Pari- mutuel Pools

A.      The Department shall establish and collect a regulatory wager- ing assessment payable from the amounts deducted from pari- mutuel pools by the permittee, in addition to the amounts the permittee is authorized to deduct in A.R.S. § 5-111(C) from amounts wagered on all live and simulcast races from in-state and out-of-state wagering authorized by the Department to the permittee. A permittee shall not reduce the amounts payable to the Department under this subsection for hardship tax credit under A.R.S. § 5-111(I) or for capital improvement credits under A.R.S. §§ 5-111.02 and 5-111.03.

B.       The racing regulation assessment for each racing meeting on all in-state and/or out-of-state, on-track, off-track, live, import and/or export wagers and/or wager types shall be 0.85 percent

through October 31, 2015. Beginning November 1, 2015, the racing regulation assessment for each race meeting on all in- state and/or out-of-state, on-track, off-track, live, import and/ or export wagers and/or wager types shall be 0.60 percent.

C.      Each permittee shall transmit its assessment daily, unless oth- erwise approved by the Department, to the Racing Regulation Fund beginning July 1, 2011. A report detailing the assessment shall be transmitted to the Director at the time the assessment is transmitted.

D.      The Department may  audit the  permittee’s pari-mutuel accounts  periodically  under  the  authority  of   A.R.S.  §  5-

104.01. The permittee shall cooperate fully with the Depart- ment during these audits.

Historical Note

New Section made by exempt rulemaking at 17 A.A.R. 1484, effective July 20, 2011 (Supp. 11-3). Amended by

exempt rulemaking at 18 A.A.R. 1316, effective July 1,

2012 (Supp. 12-2). Amended by exempt rulemaking at 19

A.A.R. 68, effective January 1, 2013 (Supp. 12-4). Amended by exempt rulemaking at 19 A.A.R. 1767,

effective July 1, 2013 (Supp. 13-2). Amended by exempt

rulemaking at 20 A.A.R. 725, effective March 1, 2014 (Supp. 14-1). Amended by exempt rulemaking under Laws 2014, Ch. 9, § 3, at 21 A.A.R. 640, effective April

20, 2015 (Supp. 15-2).