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DE SB145
Bill
Status
6/11/2019
Primary Sponsor
Bruce Ennis
Click for details
AI Summary
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Increases the State's contribution to the Delaware Standardbred Breeder's Program from $750,000 to $1,250,000 annually, with funds allocated equally among licensees conducting live harness horse racing.
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Increases the State's contribution to the Delaware Certified Thoroughbred Program (DCTP) from $250,000 to $500,000 annually, allocated to the existing licensee conducting live thoroughbred horse racing.
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Increases dedicated funding for the Delaware Standardbred Breeder's Program from $1,500,000 to $2,000,000 annually ($1,000,000 per harness racing licensee, up from $750,000), sourced from purse money that would otherwise be distributed.
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Increases dedicated funding for the DCTP from $500,000 to $750,000 annually, sourced from purse money that would otherwise be distributed.
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Implements a matching fund structure where horsemen provide half the additional funding from purse reductions and the State provides the other half to enhance both agricultural horse racing programs.
Legislative Description
An Act To Amend Title 29 Of The Delaware Code Relating To The State Lottery Fund.
Last Action
Assigned to Finance Committee in Senate
6/27/2019