N.J. Admin. Code § 13:71-21.8

Current through Register Vol. 56, No. 21, November 4, 2024

Section 13:71-21.8 - Deductions from winnings

(a) All purses contested for shall be distributed according to the conditions of the race. Deductions from the purse, either voluntary or involuntary, shall be made only as set forth herein. Deductions shall be made for payment to the owners and to collect the amount calculated by the New Jersey Horse Racing Injury Compensation Board, which shall not exceed three percent of gross overnight purses paid to owners, as assessments for the cost of workers' compensation insurance coverage pursuant to 13:71-6.31 and the rules of the New Jersey Horse Racing Injury Compensation Board set forth at N.J.A.C. 13:73. Deductions from purses may also be made to pay the organization and promotion expenses stipulated for stake and futurities.

1. The horsemen's bookkeeper at each racetrack in New Jersey shall transmit on a weekly basis all assessments collected for the cost of workers' compensation insurance or self-insurance coverage to the New Jersey Racing Commission, which shall deposit these monies in a separate account for the use of the New Jersey Horse Racing Injury Compensation Board.

(b) Five percent of the owners' payment shall be deducted and paid to the driver, and five percent of the owners' payment shall be deducted and paid to the trainer. In instances where the trainer is employed by a training stable, the payment shall be made to the training stable.

N.J. Admin. Code § 13:71-21.8

Amended by R.1978 d.354, effective 1/1/1979.
See: 10 New Jersey Register 348(b), 10 New Jersey Register 510(c).
Amended by R.1987 d.464, effective 1/20/1987.
See: 18 New Jersey Register 1516(a), 19 New Jersey Register 237(a).
Substantially amended.
Amended by R.1997 d.50, effective 2/3/1997.
See: 28 New Jersey Register 4737(a), 29 New Jersey Register 448(a).
In (a), inserted text "the New Jersey Horse Racing ... N.J.S.A. 34:15-129 et seq."; and added (a)1.
Administrative correction.
See: 31 New Jersey Register 1204(b).
Amended by R.2000 d.35, effective 1/18/2000.
See: 31 New Jersey Register 3050(a), 32 New Jersey Register 322(a).
Rewrote the section.
Amended by R.2002 d.70, effective 3/4/2002.
See: 33 New Jersey Register 3626(a), 34 New Jersey Register 1020(a).
In (a), amended the N.J.A.C. references in the introductory paragraph.