purse subsidy

Assembly Bill 5893, which called for an extension of annual purse subsidies given to New Jersey's Thoroughbred and Standardbred Industries through 2029, was passed Monday by the New Jersey Senate by a 35-1 margin. The bill had earlier been passed by the Assembly, by a margin of 73-0, and will now head to the desk of Governor Phil Murphy, who is expected to sign the legislation into law. The bill calls for a $20 million subsidy to be split evenly among the two breeds. The money is seen as a...