Sec. 10. (a) The standardbred horse fund is established.
(b) The money received by the Indiana horse racing commission under this chapter shall be deposited in the standardbred horse fund. Money remaining in the standardbred horse fund at the end of a state fiscal year does not revert to the state general fund.
(c) After considering the recommendations of the advisory board, the Indiana horse racing commission may disburse money from the standardbred horse fund for any purpose described in section 8 of this chapter.
(d) The Indiana horse racing commission shall pay any expense incurred in administering this chapter from the standardbred horse fund.
(e) Money in the fund is continuously appropriated to the Indiana horse racing commission to carry out the purposes of this chapter.
[Pre-2008 Recodification Citation: 15-5-5.5-9.5.]
As added by P.L.2-2008, SEC.10. Amended by P.L.217-2017, SEC.84.