Bill
Bill > A5893
summary
Introduced
12/18/2023
12/18/2023
In Committee
01/04/2024
01/04/2024
Crossed Over
12/21/2023
12/21/2023
Passed
01/08/2024
01/08/2024
Dead
Vetoed
01/16/2024
01/16/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Extends annual horse racing purse subsidies through State fiscal year 2029.
AI Summary
This bill extends annual horse racing purse subsidies through State fiscal year 2029. Specifically, it amends the existing law to increase the number of years that the $20 million in annual subsidies will be provided from 4 years to 10 years. The bill also requires annual reporting on the impact of these funds on the horse racing industry in New Jersey, and allows the Legislature to choose not to appropriate the funds if the reports show the funds have not substantially improved the industry.
Committee Categories
Budget and Finance
Sponsors (8)
Clinton Calabrese (D)*,
Robert Karabinchak (D)*,
Paul Sarlo (D)*,
Alex Sauickie (R)*,
Robert Clifton (R),
Richard Codey (D),
Steven Oroho (R),
Kevin Rooney (R),
Last Action
Pocket Veto - Bills not Acted on by Governor-end of Session (on 01/16/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A5893 |
| Analysis - Statement SBA 1/4/24 | https://pub.njleg.gov/Bills/2022/A6000/5893_S2.PDF |
| Fiscal Note - Fiscal Estimate 12/22/23; as introduced | https://pub.njleg.gov/Bills/2022/A6000/5893_E1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/A6000/5893_I1.HTM |
| Analysis - Statement AAP 12/18/23 | https://pub.njleg.gov/Bills/2022/A6000/5893_S1.PDF |
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