WA SB5610

Washington Horse Racing Commission authorized to impose fees to pay federal fees required for compliance with the federal Horseracing Integrity and Safety Act of 2020 (15 U.S.C. Sec. 3051 et seq.)

State treasurer must transfer up to $1,500,000 per fiscal year from the general fund to a new dedicated account, beginning July 1, 2027, derived from parimutuel and sales/use taxes collected from Class 1 racing associations

Creates the Washington Equine Industry Federal Regulatory Account in the state treasury to receive transferred funds and commission-imposed fees

Account expenditures restricted to paying fees charged by the federal Horseracing Integrity Safety Authority or direct costs required under the federal act

The $1,500,000 annual cap may be reviewed and increased each biennium based on inflation calculations and federal fee amounts