This bill proposes updates to current statutes regarding the regulation of commercial racing. It introduces a new regulatory assessment of 0.5 percent on amounts wagered, which will be collected by the department of gaming from each commercial racing permitee during the fiscal year 2025-2026. This assessment will be deducted from the pari-mutuel pools, in addition to existing deductions authorized under section 5-111, subsection B of the Arizona Revised Statutes.

Additionally, the bill allows the department of gaming to approve all tested horses for race meetings in 2025 and 2026 within sixty days prior to the race. It mandates that the department amend the administrative code accordingly. However, this provision is set to be repealed after December 31, 2026. Overall, the bill introduces new regulatory measures while maintaining existing laws.