Hear Arguments on Measure To Boost California Take, Daily Racing Form, 1949-06-10

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Hear Arguments on Measure To Boost California Take SACRAMENTO. Calif., June 9. — The Governmental Efficiency Committee on Tuesday passed out to the floor of the Senate, Bill 1404, which was introduced by Randolph Collier, Republican of Yreka. This measure would boost the states "take" on pari-mutuel pools to eight per cent on amounts wagered at one meeting from" 0,000,000 to 0,000,000 and to 10 per cent on all over 0,000,000. Under the present setup the state takes six per cent on all over 0,000,000 and receives the breakage above 7,000,000. Representatives of four of Californias tracks, Santa Anita, Hollywood Park, Golden Gate Fields and Del Mar, appeared before the committee in protest against the bill. Robert B. King, controller, and Victor Ford Collins, general counsel, represented the Arcadia course; Jack Mackenzie, vice-president and general manager, was spokesman for Hollywood Park; Frank Clark, its general manager, was on hand for Golden Gate Fields, with Herbert Klunzel, secretary and general counsel, representing Del Mar. The representatives of the four tracks submitted evidence showing how drastically racing and revenue to the state would be affected. Spokesmen for Santa Anita and Hollywood Park pointed to the sharp decline in the handle shown at the two tracks the past two seasons and stated that if the new bill became a law it would be necessary to drastically curtail purses and operating staffs, and that it would be impossible to operate except at a tremendous loss. Committee members were -impressed by the arguments against the controversial bill, some of which brought out the fact that the general fund would suffer a big drop— racing to date in the Golden State has yielded more than 00,000,000 — that the operation of the 70 some odd fairs would be in jeopardy, and that fish and game conservation would also be affected.


Persistent Link: https://drf.uky.edu/catalog/1940s/drf1949061001/drf1949061001_32_2
Local Identifier: drf1949061001_32_2
Library of Congress Record: https://lccn.loc.gov/unk82075800