The Racing Commission, Account Deposit Wagering, And Bet Payoff Formulas.

This bill pertains to the Racing Commission, Account Deposit Wagering, and Bet Payoff Formulas. It aims to regulate horse racing by establishing rules for wagering accounts, ensuring fair bet payoff formulas, and overseeing the operations of the Racing Commission. The bill seeks to enhance transparency, efficiency, and integrity in horse racing betting practices. Key provisions include setting guidelines for account deposit wagering, determining accurate bet payoff calculations, and outlining responsibilities of the Racing Commission. Overall, the bill aims to modernize regulations within the horse racing industry to protect consumers and maintain a level playing field for all stakeholders involved in the sport.

• 2023-01-11: Introduced, first reading, referred to Industry, Business and Labor

• 2023-01-17: Committee Hearing 02:30

• 2023-01-17: Committee Hearing 04:07

• 2023-01-18: Reported back, do pass, place on calendar 12 1 1

• 2023-01-19: Second reading, passed, yeas 74 nays 17

• 2023-01-20: Received from House

• 2023-02-13: Introduced, first reading, referred to Judiciary

• 2023-03-01: Committee Hearing 10:30

• 2023-03-29: Committee Hearing 10:30

• 2023-03-29: Committee Hearing 03:18

• 2023-03-30: Reported back, do not pass, placed on calendar 6 1 0

• 2023-03-31: Second reading, failed to pass, yeas 19 nays 25