Bill > SB323

This bill makes several amendments to New Mexico's horse racing and gaming laws. First, it specifies that the New Mexico Horsemen's Association, established in 1966, is the official horsemen's group required by the federal Interstate Horseracing Act of 1978. The bill allows racetracks to conduct pari-mutuel wagering on simulcast horse races during "weeks" rather than specific days when they are importing race meets from other New Mexico-licensed horse racetracks. Additionally, the bill changes the auditing authority from the racing commission to the state auditor, giving the state auditor the power to audit racetrack records. The bill also modifies regulations around gaming machines at racetracks, allowing them to be operated during weeks when live or simulcast horse races are taking place, with specific restrictions on total hours of operation per week. These changes aim to provide more flexibility for horse racing venues while maintaining oversight of their operations and ensuring continued support for the horse racing industry in New Mexico.

Budget and Finance

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=323&year=25