Governor Phil Murphy singed Assembly Bill 2610, extending the annual purse appropriation through Fiscal 2029. The annual $20 million provided for in the bill is split evenly between thoroughbred and standardbred racing.
In a statement released upon signing the bill, Gov. Murphy said in part: “New Jersey’s horse racing industry is a key economic engine, supporting thousands of jobs and attracting tourists and fans from around the world. The funding promised by this legislation will allow New Jersey to continue to offer one of the most exciting horse racing experiences in the nation, while also providing a boost to an industry that is integral to our economy.
Read full story: https://harnessracingupdate.com/2024/09/27/new-jersey-appropriation-approval-is-anything-but-murphys-law/