legislation

New Jersey Governor Phil Murphy has signed legislation that will extend the $20 million annual purse enhancement for horse racing in the state, with the appropriation now running through to 2029, the Governor's office announced Friday. Monmouth Park will receive $10 million annually for purses, with the remaining $10 million going toward purses at the Meadowlands Racetrack and Freehold Raceway, as well as money earmarked for bonuses for state-sired horses and breeders' awards. "Given the critical importance of the horse racing industry to not only the state's economy, but to...

Tom Rooney, a former Congressman, a lawyer and an Army veteran, was hired to take over as the top man at the NTRA because the NTRA Board knew he could make a difference in Washington. Some two years later and with the swinging pendulum that is the Horseracing Integrity and Safety Act (HISA), Rooney has his hands full. This week, Rooney sat down with the team on the TDN Writers' Room podcast presented by Keeneland to discuss what he and his staff are doing to advocate for the sport. Rooney...

Kentucky House Bill 607, which contains a provision to greatly benefit horseplayers by effectively eliminating breakage, was overwhelmingly approved Wednesday morning by a Kentucky House of Representatives committee. HB 607 also standardizes the tax rate on all pari-mutuel wagers placed in Kentucky and also makes claiming races eligible for Kentucky-bred purse subsidies. The bill must still be approved by the full House before being sent to the Senate. Representative Adam Koenig, whose district in Northern Kentucky is near Turfway Park, is a primary sponsor of the bill, which also has...

Kentucky Governor Andy Beshear signed a bill on Historical Horse Racing (Senate Bill 120) Monday, which would assure that betting on historical machines is legal. The Kentucky Equine Education Project (KEEP), Kentucky's equine economic advocate, released the following statement in response: "We thank Governor Beshear for signing Senate Bill 120 into law, which ensures the future of our equine industry while protecting thousands of local jobs. Kentuckians and the legislators who represent them have made clear that they support historical horse racing and the many benefits it brings to our...