1. Except in the case of the trotting and pacing meetings provided for in NRS 466.130 , and except as provided in subsection 3 of this section, each applicant desiring to hold horse races on the day or days awarded by the Commission shall, before the issuance of any license therefor, pay to the Board a license fee fixed by the Commission at the time of making application of not less than $50 nor more than $200 for each day of any meeting for the conduct of races so licensed. 2. If the license is to include permission for pari-mutuel wagering, such license fee must be deducted from the tax imposed by NRS 466.125 . 3. State fair associations, agricultural societies, county fair and recreation boards and other associations to which state or county aid is given are exempt from the license fee required by subsection 1 of this section but must secure a license from the Commission before holding such a race.
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