1. A. Any fair association organized pursuant to the provisions of Title 2 of the Oklahoma Statutes for Agricultural Fair Corporations, the Free Oklahoma State Fair, Free District Fairs, and Agricultural and Industrial Expositions and Fairs or any existing county, district, or state fair as of January 1, 1983, may apply to the Commission for one race meeting each year to be held within the boundaries of the county where the fair association is located. The Commission may set the number of days and the dates of such race meeting requested by the fair association. A race meeting conducted by a fair association shall not exceed sixteen (16) days during a twenty-eight-consecutive-day period. A race meeting conducted pursuant to the provisions of this section shall be conducted in such a manner that all profits shall accrue to the fair association.

2. B. Each organization licensee that, pursuant to this section, holds a race meeting at which the pari-mutuel system of wagering is conducted shall retain the following amounts from the monies wagered:

   1. 1. On win, place, and show wagers, an amount equal to eighteen percent (18%) shall be retained and distributed as follows:

      1. a. two-thirds (2/3) of the eighteen percent (18%) to the organization licensee, and
      2. b. one-third (1/3) of the eighteen percent (18%) to purses for participating horses;

   2. 2. On daily double, quinella, and exacta wagers, an amount equal to twenty percent (20%) shall be retained and distributed as follows:

      1. a. seven-tenths (7/10) of the twenty percent (20%) to the organization licensee, and
      2. b. three-tenths (3/10) of the twenty percent (20%) to purses for participating horses;

   3. 3. On pick six wagers, an amount equal to twenty-five percent (25%) shall be retained and distributed as follows:

      1. a. three-fifths (3/5) of the twenty-five percent (25%) to the organization licensee, and
      2. b. two-fifths (2/5) of the twenty-five percent (25%) to purses for participating horses.
3. C. The Commission shall issue occupation licenses for personnel of organization licensees licensed pursuant to this section. Each occupation license shall be issued pursuant to Section 204.2 of this title except that the occupation license fee shall not be more than Ten Dollars ($10.00) excluding fingerprinting fees.

Laws 1983, HB 1022, c. 11, § 28, emerg. eff. March 22, 1983; Amended by Laws 1990, HB 1437, c. 162, § 1, emerg. eff. July 1, 1990; Amended by Laws 1994, SB 694, c. 83, § 2, emerg. eff. April 19, 1994; Amended by Laws 1995, SB 450, c. 125, § 4.