(a) At least once each year, the Commission shall make an allocation of funds from the horse industry escrow account in accordance with §§2028.204-.205 of the Act.
(b) The Commission may make allocations of funds from the account at different times to horse racetrack associations and to breed registries, provided that not more than 70% of the amount deposited into the account is allocated to racetrack associations each year.
(c) At least 30 days before a deadline for submitting requests for allocation from the account, the executive director shall notify all entities eligible to request funds from the account at that time.

Source Note: The provisions of this §303.302 adopted to be effective November 19, 2019, 44 TexReg 7041