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ND SB2347
Bill
Status
1/22/2025
Primary Sponsor
Janne Myrdal
Click for details
AI Summary
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Authorizes pari-mutuel wagering on historic horse races (previously completed races with official results) at a single equine racing facility in North Dakota, which must have a five-furlong dirt track, capacity for 500+ individuals, and barns with 50+ permanent stalls
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Eliminates simulcast dog racing under the certificate system, prohibiting licensees from offering bets or wagers on dog races effective August 1, 2027
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Establishes a new racing commission operating fund in the state treasury to receive racing taxes, fines, interest, and penalties, with excess funds transferred to the general fund
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Requires licensed service providers offering historic horse race wagering to post a $500,000 bond payable to the state
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Allocates historic horse race wagering revenue: 0.25% each to the racing commission operating fund, gambling disorder prevention and treatment fund, and host city treasury; 0.167% each to breeders' fund, purse fund, and racing promotion fund
Legislative Description
The authorization of historic horse race wagering and the elimination of simulcast dog racing under the certificate system; and to provide an effective date.
Last Action
Second reading, failed to pass, yeas 16 nays 31
2/13/2025