Reduces minimum number of annually required thoroughbred horse racing dates under certain circumstances.
What changed between versions
New provision requiring the standardbred permit holder at Meadowlands Racetrack to schedule at least 151 standardbred race dates annually, reducible to 75 with written consent from the Standardbred Breeders' and Owners' Association of New Jersey.
New provision requiring the permit holders at Freehold Raceway to schedule at least 192 standardbred race dates annually, reducible to 75 with written consent from the Standardbred Breeders' and Owners' Association of New Jersey.
The thoroughbred race date reduction thresholds are now explicitly tied to specific funding levels: racetracks may reduce to 25 dates if less than $5 million of the required purse subsidy is appropriated, or to 40 dates if between $5 million and $10 million is appropriated, in addition to the existing option to reduce to 25 with written consent from the New Jersey Thoroughbred Horsemen's Association.
The bill's scope expanded from addressing only thoroughbred race date requirements to also covering standardbred race date minimums at two additional tracks (Meadowlands and Freehold Raceway).