funding for New Jersey tracks

NJ Governor Murphy Vetoes Bill To Extend Purse Subsidies Through 2029; Drazin Optimistic Deal Will Still Get Done

A bill that would have extended annual purse subsidy payments made to New Jersey's Thoroughbred and Standardbred tracks was vetoed Wednesday by Gov. Phil Murphy. The bill called for the $20 million subsidy, which is split between the two breeds, to continue through 2029. The money has already been approved for 2024. The extension was to run from 2025 through 2029. Murphy vetoed 12 bills in all, using what is called a pocket veto. That type of veto applies only to bills sent to the governor's desk in the final...

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