§3A-205.6.

§3A-205.6.
   
   A. Any organization licensee conducting a race meeting may provide
   places on the race meeting grounds at which it may conduct and
   supervise the pari-mutuel system of wagering on the horse races
   conducted by the organization licensee at the race meeting. No other
   place or method of betting, pool making, wagering, or gambling shall
   be used or permitted by the organization licensee. The pari-mutuel
   system of wagering shall be permitted only on horse races conducted at
   a racetrack where such pari-mutuel system of wagering is authorized
   pursuant to the provisions of the Oklahoma Horse Racing Act.
   
   B. Except as provided in subsection E of this section, each
   organization licensee that holds a race meeting at which the
   pari-mutuel system of wagering is conducted shall retain an amount
   equal to eighteen percent (18%) of all money wagered, to be
   distributed as follows:
   
   1. The first One Hundred Million Dollars ($100,000,000.00) wagered per
   calendar year for each type of racing shall be distributed as follows
   provided, that all racing dates exclusively for Thoroughbred racing in
   a calendar year shall be combined for the purpose of computing
   taxation rates and all racing dates for mixed racing and all other
   individual breeds in a calendar year shall be combined but considered
   separate from Thoroughbred racing for the purpose of computing
   taxation rates:
   
   a. One-ninth (1/9) of the eighteen percent (18%) shall be remitted to
   the Oklahoma Tax Commission on the first business day following the
   close of the racing day on which it was assessed. One hundred percent
   (100%) of the revenue derived pursuant to the provisions of this
   paragraph shall be apportioned monthly to the General Revenue Fund of
   the state for the support of the state government, to be paid out only
   pursuant to appropriation by the Legislature; and
   
   b. Five-ninths (5/9) of the eighteen percent (18%) shall be retained
   by the organization licensee; and
   
   c. One-third (1/3) of the eighteen percent (18%) shall be retained by
   the organization licensee to be distributed as purses for
   participating horses.
   
   2. All money wagered per calendar year for each type of racing in
   excess of One Hundred Million Dollars ($100,000,000.00) but not to
   exceed One Hundred Fifty Million Dollars ($150,000,000.00) shall be
   distributed as follows provided, that all racing dates exclusively for
   Thoroughbred racing in a calendar year shall be combined for the
   purpose of computing taxation rates and all racing dates for mixed
   racing and all other individual breeds in a calendar year shall be
   combined but considered separate from Thoroughbred racing for the
   purpose of computing taxation rates:
   
   a. One-ninth (1/9) of the eighteen percent (18%) shall be remitted to
   the Oklahoma Tax Commission on the first business day following the
   close of the racing day on which it was assessed. One hundred percent
   (100%) of the revenue derived pursuant to the provisions of this
   paragraph shall be apportioned monthly to the General Revenue Fund of
   the state for the support of the state government, to be paid out only
   pursuant to appropriation by the Legislature; and
   
   b. Four-ninths (4/9) of the eighteen percent(18%) shall be retained by
   the organization licensee; and
   
   c. One-third (1/3) of the eighteen percent (18%) shall be retained by
   the organization licensee to be distributed as purses for
   participating horses; and
   
   d. One-ninth (1/9) of the eighteen percent (18%) shall be retained by
   the organization licensee to be distributed as follows:
   
   (1) seventy-five percent (75%) as purses for participating horses, and
   
   (2) twenty-five percent (25%) shall be remitted to the Commission, at
   such intervals as required by the Commission, for deposit in the
   Oklahoma Breeding Development Fund Special Account.
   
   3. All money wagered per calendar year for each type of racing in
   excess of One Hundred Fifty Million Dollars ($150,000,000.00) shall be
   distributed as follows provided, that all racing dates exclusively for
   Thoroughbred racing in a calendar year shall be combined for the
   purpose of computing taxation rates and all racing dates for mixed
   racing and all other individual breeds in a calendar year shall be
   combined but considered separate from Thoroughbred racing for the
   purpose of computing taxation rates:
   
   a. One-ninth (1/9) of the eighteen percent (18%) shall be remitted to
   the Oklahoma Tax Commission on the first business day following the
   close of the racing day on which it was assessed. One hundred percent
   (100%) of the revenue derived pursuant to the provisions of this
   paragraph shall be apportioned monthly to the General Revenue Fund of
   the state for the support of the state government, to be paid out only
   pursuant to appropriation by the Legislature; and
   
   b. One-third (1/3) of the eighteen percent (18%) shall be retained by
   the organization licensee; and
   
   c. One-third (1/3) of the eighteen percent (18%) shall be retained by
   the organization licensee to be distributed as purses for
   participating horses; and
   
   d. Two-ninths (2/9) of the eighteen percent (18%) shall be retained by
   the organization licensee to be distributed as follows:
   
   (1) seventy-five percent (75%) as purses for participating horses, and
   
   (2) twenty-five percent (25%) shall be remitted to the Commission, at
   such intervals as required by the Commission, for deposit in the
   Oklahoma Breeding Development Fund Special Account.
   
   C. Notwithstanding any other provisions of this act, the state shall
   collect six percent (6%) of the total amount wagered under the
   provisions of this act at such time the organization licensee has no
   further debt service.
   
   D. In addition to the amount required to be retained by the provisions
   of subsection B of this section, each organization licensee holding a
   race meeting at which the pari-mutuel system of wagering is conducted
   shall retain an additional amount equal to two percent (2%) of all
   money wagered on multiple race wagers involving not to exceed three
   races and on multiple horse wagers in the same race.
   
   Such amount shall be retained by the organization licensee to be
   distributed as follows:
   
   1. Seventy-five percent (75%) as purses for participating horses; and
   
   2. Twenty-five percent (25%) shall be remitted to the Commission, at
   such intervals or required by the Commission, for deposit in the
   Oklahoma Breeding Development Fund Special Account.
   
   E. Each organization licensee shall retain an amount equal to
   twenty-five percent (25%) of all money wagered on multiple race wagers
   involving more than three races, to be distributed as follows:
   
   1. Two twenty-fifths (2/25) of the twenty-five percent (25%) shall be
   remitted to the Oklahoma Tax Commission on the first business day
   following the close of the racing day on which it was assessed. The
   revenue shall be apportioned monthly to the General Revenue Fund of
   the state for the support of the state government, to be paid out only
   pursuant to appropriation by the Legislature; and
   
   2. Two-fifths (2/5) of the twenty-five percent (25%) shall be retained
   by the organization licensee; and
   
   3. Eight twenty-fifths (8/25) of the twenty-five percent (25%) shall
   be retained by the organization licensee to be distributed as purses
   for participating horses; and
   
   4. One-fifth (1/5) of the twenty-five percent (25%) shall be retained
   by the organization licensee to be distributed as follows:
   
   a. Seventy-five percent (75%) as purses for participating horses; and
   
   b. Twenty-five percent (25%) shall be remitted to the Commission, at
   such intervals as required by the Commission, for deposit in the
   Oklahoma Breeding Development Fund Special Account.
   
   F. Organization licensees shall keep accurate books and records of all
   moneys wagered on each day of a race meeting and of the taxes paid
   pursuant to the provisions of this section. The Oklahoma Tax
   Commission or an authorized representative shall have access at all
   reasonable times to such records for the purpose of examining and
   checking the records and ascertaining whether the proper amount of
   taxes is being paid. The Oklahoma Tax Commission shall require
   verified reports and a statement of the total of all moneys wagered
   daily at a race meeting and may prescribe forms upon which such
   reports and statement shall be made. The organization licensee shall
   provide the Oklahoma Tax Commission with such space and accommodations
   as may be necessary for the Oklahoma Tax Commission to implement its
   duties pursuant to the provisions of the Oklahoma Horse Racing Act.
   
   G. No revenue bonds issued by a public trust, as authorized by the
   provisions of Title 62 of the Oklahoma Statutes, shall be used to
   finance any racetrack or racing facility.