Sec. 1. (a) A person may not conduct, assist, or aid or abet in conducting a horse racing meeting in which the pari-mutuel system of wagering is permitted unless that person secures a recognized meeting permit under this chapter. (b) The commission may not issue a recognized meeting permit for: (1) an activity other than horse racing meetings; or (2) horse racing meetings conducted at: (A) the state fairgrounds during a state fair; or (B) a county fairgrounds. However, subdivision (2) does not prohibit the commission from issuing a recognized meeting permit for races to be conducted at the state fairgrounds at times when a fair is not in session. (c) The commission may not issue more than two (2) recognized meeting permits under this chapter.
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