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 changes this minimum requirement from 50 to 25 race dates, still contingent upon obtaining the necessary consent from the association.

The bill aims to provide greater flexibility for thoroughbred permit holders by allowing them to schedule fewer races under certain circumstances. This change is intended to support the horse racing industry in New Jersey by potentially easing operational burdens while still maintaining a level of oversight through the requirement of consent from the New Jersey Thoroughbred Horsemen's Association. The act is set to take effect immediately upon passage.

Statutes affected:
Introduced: 5:5-156