House Bill 1038
DIGEST OF HB1038 (Updated January 28, 2009 10:49 am - DI 14)
Transfer fees. Voids certain rules adopted by the Indiana horse racing commission (IHRC) and the Indiana gaming commission (IGC) concerning the transfer of ownership interests in pari- mutuel horse racing meeting permits and riverboat owner's licenses. Prohibits the IHRC and the IGC from: (1) imposing fees that are not authorized by statute upon the parties to a transfer of ownership interests; and (2) making the approval of a proposed transfer of ownership interests contingent upon the payment of any amount not authorized by statute. Codifies a noncode provision enacted in 2005 prohibiting the IGC from imposing transfer fees by rule. Repeals the 2005 noncode provision.
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