to each agricultural fair licensee that conducts live racing on |
fair dates assigned by the commissioner pursuant to Title 7, |
section 65 and to each agricultural fair licensee that conducts an |
extended meet as long as that licensee conducted an extended meet |
in 2005, with each commercial track and each agricultural fair |
licensee receiving an amount of money determined by multiplying the |
amount of money available for distribution times a fraction, the |
numerator of which is the total number of live race dashes assigned |
to the commercial track or agricultural fair licensee for the year |
and the denominator of which is the total number of race dashes |
assigned to all commercial tracks and agricultural fair licensees |
for the year.__The payment in January must be adjusted so that for |
the prior year each commercial track or agricultural fair licensee |
entitled to a distribution receives that portion of the total money |
distributed for the full year from the fund established by this |
section that is determined by multiplying the total amount of money |
by a fraction, the numerator of which is the number of live race |
dashes conducted by the commercial track or agricultural fair |
licensee during the calendar year that qualify for a distribution |
and the denominator of which is the total number of race dashes |
conducted during that calendar year that qualify for a |
distribution.__For purposes of this subsection, a race dash |
qualifies for distribution if the dash was conducted by a |
commercial track or by an agricultural fair licensee on dates |
assigned under Title 7, section 65 or during an extended meet.__The |
number of dashes held at an extended meet that qualify for |
distribution may not exceed the number of dashes conducted by the |
licensee during an extended meet in 2005.__The funds distributed |
pursuant to this subsection must be used to supplement harness |
racing purses. |