Thoroughbred Permitholders

Summary

The bill lets owners of thoroughbred racing permits choose not to run live races or games, yet still retain their pari‑mutuel status, eligibility for slot‑machine or cardroom licenses, and guest/host track rights. It adds notice rules for ending live racing, fee exemptions, permit‑transfer procedures, tax penalties, and new lease and conversion provisions. The measure failed in committee and did not become law.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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