HF1793 Summary: Horse Racing Regulation

• Adds new definitions to horse racing law including "takeout," "handle," "mixed meet," "banked," and "steward" to clarify regulatory terminology.

• Modifies racing season definition to require 25 consecutive weeks of live racing beginning before the first Saturday in May, effective January 1, 2016.

• Increases maximum fines stewards and the commission may impose from $2,000 to $5,000 for racing violations, with fines exceeding $5,000 subject to contested case procedures.

• Modifies director appointment requirements to add "training" as a qualification alongside experience in pari-mutuel racing administration and regulation.

• Increases class C license validity period from one year to minimum one year and up to three years for certain classifications, effective July 1, 2015.