Legislation - SB0762

Title: Horse Racing - Racetrack Facility Renewal Account Grants - Alterations
Sponsored by: Senator Guzzone
Status: In the Senate - Hearing 3/11 at 1:00 p.m.
Analysis

Synopsis

Authorizing, rather than requiring, a certain racing licensee to receive a grant for a capital construction plan from the Racetrack Facility Renewal Account without providing and expending a matching fund; requiring the racing licensee that receives the grant without providing and expending a matching fund to conduct live racing in the State for at least 10 years; and requiring the State Racing Commission to recapture certain grant funds under certain circumstances and in a certain manner.

Committees

Original:: Budget and Taxation

Details

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/06/2026 Legislative Date 2/06/2026 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Horse Racing - Racetrack Facility Renewal Account Grants - Alterations Proceedings
Chamber Senate Calendar Date 2/11/2026 Legislative Date 2/11/2026 Action Hearing 3/11 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/06/2026	2/06/2026	First Reading Budget and Taxation
			Text - First - Horse Racing - Racetrack Facility Renewal Account Grants - Alterations
Senate	2/11/2026	2/11/2026	Hearing 3/11 at 1:00 p.m.

File Code

Subjects

Statutes