Communication from the Massachusetts Gaming Commission (pursuant to Section 9B of Chapter 128A of the General Laws and Section 222 of Chapter 6 of the General Laws) proposed amendments to regulations for 205 CMR 149.00: Race Horse Development Fund
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill proposes changes to the regulations governing the Race Horse Development Fund, as overseen by the Massachusetts Gaming Commission. Specifically, it updates 205 CMR 149.00 to clarify and potentially modify the rules surrounding the fund’s operations and disbursement of resources. The proposed amendments aim to provide greater transparency and consistency in how the fund is managed and utilized. These changes are being recommended by the Gaming Commission to ensure the fund effectively supports the state’s horse racing industry.
Key provisions
- Clarification of eligible projects for funding under the Race Horse Development Fund.
- Updates to the application process for receiving funds from the Race Horse Development Fund.
- Modifications to reporting requirements for recipients of Race Horse Development Fund resources.
- Potential adjustments to the criteria for determining the amount of funding allocated to different projects.
- Enhanced transparency regarding the use of funds within the Race Horse Development Fund.
Who is affected
- Massachusetts horse racing industry
- Massachusetts Gaming Commission
- Entities seeking funding from the Race Horse Development Fund
- Stakeholders in the horse racing industry
Notable changes
- The proposed regulations aim to streamline the process for applying for and receiving funds from the Race Horse Development Fund.
Bill text
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Sponsors
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1 on record
Primary sponsor
Massachusetts Gaming Commission
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