Approved by the Governor - Chapter 373
Summary
The bill removes a set of contract‑prohibition rules for two types of state agreements: those handled by the Office of International Trade for authorized international business projects, and contracts involving the purchase, redevelopment, or operation of racing or training facilities. By carving out these exemptions, the state can include provisions that would otherwise be void, such as indemnity or arbitration clauses, in those limited contracts. The change takes effect on July 1, 2026.
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