This bill proposes the addition of three new sections to chapter 53-06.2 of the North Dakota Century Code, focusing on historic horse race wagering, pari-mutuel horse racing, and the establishment of a racing commission fund. It introduces key definitions such as "historic horse race" and "pari-mutuel wagering," while also amending existing sections to authorize historic horse race wagering and eliminate simulcast dog racing under the certificate system. The bill outlines the responsibilities of the North Dakota racing commission, which include regulating racing and wagering, licensing participants, and establishing funds to support horse racing in the state.

Additionally, the bill allows for wagering on historic horse races at a single equine racing facility, regardless of live racing or simulcasting, and establishes a certificate system for wagering that includes account wagering provisions. It mandates that licensed service providers maintain a bond of $500,000 and sets requirements for terminals used in historic horse race wagering. The bill also creates a new racing commission operating fund to collect racing taxes, fines, and penalties, detailing the distribution of funds from wagers and the deductions licensees may take. The effective date for certain sections is set for August 1, 2027.

Statutes affected:
INTRODUCED: 53-06.2-01, 53-06.2-04, 53-06.2-05, 53-06.2-06, 53-06.2-07, 53-06.2-08, 53-06.2-10, 53-06.2-10.1, 53-06.2-11
Adopted by the Senate Judiciary Committee: 53-06.2-01, 53-06.2-04, 53-06.2-05, 53-06.2-06, 53-06.2-07, 53-06.2-08, 53-06.2-10, 53-06.2-10.1, 53-06.2-11
FIRST ENGROSSMENT: 53-06.2-01, 53-06.2-04, 53-06.2-05, 53-06.2-06, 53-06.2-07, 53-06.2-08, 53-06.2-10, 53-06.2-10.1, 53-06.2-11