Oregon Code § 462.062·Enacted ·Last updated March 01, 2026
Statute Text
Fees
and other payments by licensees of horse race meets not subject to ORS 462.057.
(1) All licensees of race meets
for horses, except those subject to ORS 462.057, shall make payments as
follows:
(a) A license fee
of $100 per racing day to the Oregon Racing Commission.
(b) One percent
of gross mutuel wagering to the commission.
(c) A percentage
of gross mutuel wagering to a purse account, in such amounts as the race meet
licensee and the horse owners may agree upon, subject to approval by the
commission. In addition to the amount paid to the regular purse account, 0.1
percent of gross mutuel wagering shall be paid into a separate account and used
only to supplement purses of races consisting exclusively of Oregon bred
horses. However, subject to prior approval of the commission, a portion of the
percentage of gross mutuel wagering designated by this paragraph may be paid to
one or more associations of horsemen for operating expenses and other benefits
for horsemen.
(d)
Three-quarters of one percent of gross mutuel wagering on thoroughbred horse
races to the Oregon Thoroughbred Owners and Breeders Association, Incorporated,
for purse supplements for owners of Oregon bred thoroughbred horses. The
association shall apportion the amount among the owners in the same ratio that
each owners purses for Oregon bred thoroughbred horses for the race meet bears
to the total purses for Oregon bred thoroughbred horses for the race meet.
(e)
Three-quarters of one percent of gross mutuel wagering on quarter horse races
to the Oregon Quarter Horse Racing Association, Incorporated, for purse
supplements for owners of Oregon bred quarter horses. The association shall
apportion the amount among the owners in the same ratio that each owners
purses for Oregon bred quarter horses for the race meet bears to the total
purses for Oregon bred quarter horses for the race meet.
(f)
Three-quarters of one percent of gross mutuel wagering on races for any breed
of horses not designated in paragraph (d) or (e) of this subsection to each
horsemens association recognized by the commission as representing breeds of
horses not designated in paragraph (d) or (e) of this subsection, for purse
supplements of owners of other Oregon bred horses. Each association shall
apportion the amount among the owners in the same ratio that each owners
purses for other Oregon bred horses for the race meet bears to the total purses
for other Oregon bred horses for the race meet.
(g) Two-tenths of
one percent of gross mutuel wagering to a special track fund of the type, and
for the uses and purposes, and subject to the conditions set forth in ORS
Plain English Explanation
This Oregon statute addresses Fees
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 462.062
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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