Minnesota-bred Thoroughbred industry support funding provided, and money appropriated.

This bill allocates $2 million in state funding for fiscal year 2027 to support Minnesota-bred Thoroughbred horses. The money will be managed by the Minnesota Racing Commission to supplement race purses and provide financial assistance like grants and loans to breeders and owners. These funds are intended to encourage breeding and racing of Thoroughbreds born in Minnesota, with the appropriation available until June 30, 2029. The legislation directly affects horse racing operations and participants within the state's thoroughbred industry.