This bill amends the current law regarding the minimum number of thoroughbred horse racing dates required for permit holders at Monmouth Park and Meadowlands Racetrack. Under the existing law, these permit holders must schedule at least 141 thoroughbred race dates annually but can reduce this number to a minimum of 50 with written consent from the New Jersey Thoroughbred Horsemen's Association. The proposed legislation seeks to lower the minimum required race dates from 50 to 25, still contingent upon obtaining the necessary consent from the association.

The bill aims to provide greater flexibility for thoroughbred permit holders in scheduling their races, potentially accommodating changing circumstances in the horse racing industry. The changes will take effect immediately upon enactment, allowing for a quicker adaptation to the new requirements.

Statutes affected:
Introduced: 5:5-156