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Bill > S3091


NJ S3091

NJ S3091
Provides $1 million in funding to NJ Racing Commission for five-year grant program for purpose of supporting certain organizations that care for retired horses.


summary

Introduced
09/29/2022
In Committee
05/18/2023
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Provides $1 million in funding to NJ Racing Commission for five-year grant program for purpose of supporting certain organizations that care for retired horses.

AI Summary

This bill provides $1 million in funding to the New Jersey Racing Commission for a five-year grant program to support certain organizations that care for retired racehorses. The grant program will award $100,000 per year to accredited nonprofit organizations that rescue and rehome retired Standardbred and Thoroughbred horses, with specific requirements for the organizations to demonstrate financial stability, operational transparency, and adherence to industry best practices. The bill recognizes the economic importance of the horse racing industry in New Jersey and aims to ensure the proper care and retirement of the horses that are central to the industry's success.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

Referred to Senate Budget and Appropriations Committee (on 05/18/2023)

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