Bill

Bill > HB1524


MD HB1524

MD HB1524
Horse Racing - Racing Facility Ownership and Construction - Racing Operations


summary

Introduced
03/03/2024
In Committee
04/08/2024
Crossed Over
04/01/2024
Passed
04/08/2024
Dead
Signed/Enacted/Adopted
05/09/2024

Introduced Session

2024 Regular Session

Bill Summary

Altering the location, type, and ownership of horse racing facilities that the Maryland Stadium Authority is authorized to finance; increasing the amount of debt that the Maryland Stadium Authority may issue for certain purposes in connection with certain racing facilities; requiring the Maryland Thoroughbred Racetrack Operating Authority to prepare certain financial statements; requiring the Authority to submit a copy of any lease of the Pimlico racing facility to the Legislative Policy Committee for review and comment; etc.

AI Summary

This bill alters the location, type, and ownership of horse racing facilities that the Maryland Stadium Authority is authorized to finance. It increases the amount of debt the Authority may issue for certain racing facility purposes. The bill requires the Maryland Thoroughbred Racetrack Operating Authority to prepare annual financial statements and submit any Pimlico racing facility leases to the Legislative Policy Committee for review. Additionally, the bill makes various other changes related to horse racing operations, facilities, and financing in Maryland.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Ways and Means (House)

Last Action

Approved by the Governor - Chapter 410 (on 05/09/2024)

bill text


bill summary

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