(b) The Pennsylvania Horse Breeders Association shall compile awards earned by breeders, owners of Pennsylvania sires and owners of Pennsylvania-bred horses and maintain a separate ledger of them. Monthly, a certified report of awards earned shall be forwarded to the Commission. After the Commission has reviewed and approved them it will be forwarded to the Department of Treasury for payment to the awardees. In accordance with section 9336(b.1) of the act (relating to Pennsylvania Breeding Fund), awards shall be distributed as follows:
- (1) An award of 40% of the purse earned by every registered Pennsylvania-bred Thoroughbred race horse sired by a registered Pennsylvania sire at the time of conception of the registered Pennsylvania-bred Thoroughbred race horse which finishes first, second or third in any race conducted by a licensed racing entity under this chapter shall be paid to the breeder of the registered Pennsylvania-bred Thoroughbred race horse.
- (2) An award of 20% of the purse earned by every registered Pennsylvania-bred Thoroughbred race horse sired by a nonregistered sire, which finishes first, second or third in any race conducted by a licensed racing entity under this chapter shall be paid to the breeder of the registered Pennsylvania-bred Thoroughbred race horse.
- (3) A single award under paragraphs (1) and (2) may not exceed 1% of the total annual fund money.
- (4) An award of 10% of the purse earned by any registered Pennsylvania-bred Thoroughbred race horse which finishes first, second or third in any race conducted by a licensed racing entity under this chapter shall be paid to the owner of the registered Pennsylvania sire which regularly stood in Pennsylvania at the time of conception of the Pennsylvania-bred Thoroughbred race horse. A single award under this paragraph may not exceed 0.5% of the total annual fund money.