Bill No. 1089 amends Section 267 of Title 3A of the Oklahoma Statutes, which pertains to horse racing. The bill clarifies the roles of official representatives for Thoroughbred and non-Thoroughbred horsemen during live race meets conducted by organization licensees. It mandates that organization licensees negotiate and covenant with these representatives regarding various aspects of race meetings, including the distribution of commissions and purses, off-track wagering, and welfare matters for participants. Additionally, it allows horsemen to opt out of representation by the designated organizations, and if a majority of horsemen from a breed choose to exclude themselves, the Oklahoma Horse Racing Commission may call for an election to select an alternate representative organization.
Furthermore, the bill requires official horsemen's representative organizations and any breed organizations receiving funding to provide an annual financial accounting to the Commission. It also stipulates that the official representative organization will manage a benevolence program for race meeting participants, with guidelines and eligibility criteria subject to the Commission's approval. The act is set to take effect on November 1, 2025.