Kentucky Administrative Regulations › Title 810 - PUBLIC PROTECTION CABINET - KENTUCKY HORSE RACING COMMISSION › Chapter 7 - Incentive and Development Funds › Section 810 KAR 7:040 - Kentucky Standardbred Development Fund and Kentucky Standardbred Breeders' Incentive Fund

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO:
				KRS
				230.215,
				230.260,
				230.770,
				230.802
NECESSITY, FUNCTION, AND CONFORMITY:
				KRS
				230.215(2) and
				230.260(8)
				authorize the Kentucky Horse Racing Commission to promulgate administrative
				regulations prescribing the conditions under which horse racing shall be
				conducted in Kentucky and to fix and regulate the minimum amount of purses,
				stakes, or awards to be offered for the conduct of any horse race meeting.
				KRS
				230.770(1) establishes the
				Kentucky standardbred development fund.
				KRS
				230.770(6) and (7) authorize
				the commission to promulgate administrative regulations establishing the
				eligibility of horses participating in races for which a portion of the purse
				is provided by the Kentucky Standardbred Development Fund and the conditions,
				class, and quality of the races.
				KRS
				230.802(1) establishes the
				Kentucky standardbred breeders' incentive fund.
				KRS
				230.802(2)(b) requires the
				commission to promulgate administrative regulations establishing the conditions
				and criteria for the distribution of moneys from the fund. This administrative
				regulation establishes eligibility standards, administrative practices to
				enforce the standards, criteria for the distribution of moneys from these
				funds, mandatory criteria for races, and the administration of purses and
				payments in these races.
Section 1.
			 Definitions.
(1) "Commission" means the
			 Kentucky Horse Racing Commission.
(2) "Consolation" means the race following a
			 series of preliminary legs for the next preferred horses, as established in
			 Section 6 of this administrative regulation, which did not qualify for the
			 finals of each racing division of the Kentucky Sire Stakes program.
(3) "Final" means the race following a series
			 of preliminary legs established to determine the divisional champion of each
			 racing division of the Sire Stakes Program.
(4) "Kentucky-bred" means a standardbred
			 horse that is:
(a) Foaled out of a
			 standardbred mare that is registered with the commission and meets the
			 requirements of this administrative regulation; or
(b) Sired by a standardbred stallion residing
			 in Kentucky that meets the requirements of this administrative
			 regulation.
(5)
			 "Kentucky Sire Stakes" means the series of races held annually in Kentucky for
			 two (2) and three (3) year old Kentucky-bred fillies and colts, both trotting
			 and pacing, and funded in whole or in part by the Kentucky Standardbred
			 Development Fund or the Kentucky Standardbred Breeders' Incentive
			 Fund.
(6) "KSBIF" means the
			 Kentucky Standardbred Breeders' Incentive Fund as established in
			 KRS
			 230.802.
(7) "KSDF" means the Kentucky Standardbred
			 Development Fund as established in
			 KRS
			 230.770.
(8) "Stallion residing in Kentucky" means a
			 stallion physically located and standing in Kentucky for 180 days of the
			 calendar year in which the stallion is registered that, does not service mares
			 in any other state, jurisdiction, or country outside Kentucky during the
			 calendar year in which the stallion is registered.
(9) "USTA" means the United States Trotting
			 Association.