Sponsored by:
Senator RICHARD J. CODEY
District 27 (Essex and Morris)
Senator VIN GOPAL
District 11 (Monmouth)
Co-Sponsored by:
Senator Thompson
SYNOPSIS
Provides $5 million in supplemental funding to New Jersey Horse Racing Commission for horse racing purse subsidies.
CURRENT VERSION OF TEXT
As introduced.
A Supplement to the annual appropriations act for the fiscal year ending June 30, 2022, P.L.2021, c.133.
Be It Enacted by the Senate and the General Assembly of the State of New Jersey:
1. In addition to the amounts appropriated under P.L.2021, c.133, the annual appropriations act for the fiscal year ending June 30, 2022, there is appropriated from the General Fund the following amount for the purpose specified:
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66 LAW AND PUBLIC SAFETY 10 Public Safety and Criminal Justice 1410 New Jersey Racing Commission 22 Regulation of Racing Activities DIRECT STATE SERVICES |
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22-1410 |
New Jersey Racing Commission ........................................................ |
$5,000,000 |
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Total Direct State Services Appropriation, New Jersey Racing Commission |
$5,000,0000 |
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Direct State Services: |
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22 |
Horse Racing Purse Subsidies .......................................... |
($5,000,000) |
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2. This act shall take effect immediately.
STATEMENT
This bill will provide $5 million in supplemental funding to the New Jersey Racing Commission to increase horse racing purse subsidies in the current fiscal year from $15 million to $20 million.