Illinois Statutes

§ 30.5 — Illinois Racing Quarter Horse Breeders Fund

Illinois § 30.5
JurisdictionIllinois
TopicREGULATION
Ch. 230GAMING
Act 230 ILCS 5/Illinois Horse Racing Act of 1975.

This text of Illinois § 30.5 (Illinois Racing Quarter Horse Breeders Fund) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
230 Ill. Comp. Stat. 30.5 (2026).

Text

(a)The General Assembly declares that it is the policy of this State to encourage the breeding of racing quarter horses in this State and the ownership of such horses by residents of this State in order to provide for sufficient numbers of high quality racing quarter horses in this State and to establish and preserve the agricultural and commercial benefits of such breeding and racing industries to the State of Illinois. It is the intent of the General Assembly to further this policy by the provisions of this Act.
(b)There is hereby created a special fund in the State Treasury to be known as the Illinois Racing Quarter Horse Breeders Fund. Except as provided in subsection (g) of Section 27 of this Act, 8.5% of all the moneys received by the State as pari-mutuel taxes on quarter horse rac

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Legislative History

(Source: P.A. 101-31, eff. 6-28-19.)

Nearby Sections

9
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Cite This Page — Counsel Stack

Bluebook (online)
Illinois § 30.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/230/30.5.