MI HB6499

Reduces horse racing advisory commission membership from two to one racetrack owner/operator representative.

Establishes funding priority for the Michigan agriculture equine industry development fund: first for existing programs, then up to $125,000 annually to the advisory commission, then reasonable amounts to the Michigan gaming control board for regulatory costs.

Increases purse supplement and breeders' award percentages from 75% to 90% for standardbred programs and increases breeders' awards from 10% to 20% for both standardbred and thoroughbred programs.

Eliminates separate funding programs for quarter horse, Appaloosa, Arabian, and American paint horse racing.

Increases sire stakes fund allocations from 0.25% to 0.5% of all wagered money for both standardbred and thoroughbred programs; increases compulsive gaming prevention fund contribution from 1/15 to 1/10 of 1%.