Legislation - SB0762

Title: Horse Racing - Racetrack Facility Renewal Account Grants - Alterations
Sponsored by: Senators Guzzone, Augustine, Corderman, Hettleman, King, Lewis Young, McCray, Rosapepe, Salling, and Zucker
Status: In the House - Hearing 3/31 at 1:00 p.m.
Analysis: Fiscal and Policy Note (Revised)

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 days 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 Click to view Recorded Media

Opposite:: Appropriations Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB1598

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 Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/19/2026 Legislative Date 3/19/2026 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/19/2026 Legislative Date 3/03/2026 Action Favorable with Amendments {933623/1 Adopted Proceedings 42 Click to view Recorded Media
Chamber Senate Calendar Date 3/19/2026 Legislative Date 3/03/2026 Action Second Reading Passed with Amendments Proceedings 42 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Horse Racing - Racetrack Facility Renewal Account Grants - Alterations Proceedings
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/05/2026 Action Third Reading Passed (41-0) Proceedings 44 Click to view Recorded Media
Chamber House Calendar Date 3/21/2026 Legislative Date 3/09/2026 Action Referred Appropriations Proceedings 46 Click to view Recorded Media
Chamber House Calendar Date 3/26/2026 Legislative Date 3/26/2026 Action Hearing 3/31 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
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.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/19/2026	3/19/2026	Favorable with Amendments Report by Budget and Taxation
Senate	3/19/2026	3/03/2026	Favorable with Amendments {933623/1 Adopted	42 Click to view Recorded Media
Senate	3/19/2026	3/03/2026	Second Reading Passed with Amendments	42 Click to view Recorded Media
			Text - Third - Horse Racing - Racetrack Facility Renewal Account Grants - Alterations
Senate	3/20/2026	3/05/2026	Third Reading Passed (41-0)	44 Click to view Recorded Media
House	3/21/2026	3/09/2026	Referred Appropriations	46 Click to view Recorded Media
House	3/26/2026	3/26/2026	Hearing 3/31 at 1:00 p.m.

File Code

Subjects

Statutes