SB 762: Horse Racing - Racetrack Facility Renewal Account Grants - Alterations

Summary

Authorizing, rather than requiring, a certain racing licensee to receive a grant for a capital construction plan from the Racetrack Facility Renewal Account; requiring the racing licensee that receives the grant without providing and expending a matching fund to conduct live racing days in the State for at least 10 years after the construction plan is complete; altering the amount of the balance in the Racetrack Facility Renewal Account that is to be made available to certain racing licensees if certain racetracks are closed; etc.

Latest recorded action

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May 12, 2026

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