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Senate committee hears bill modernizing horse-racing rules, pari-mutuel rates
Summary
The Senate committee heard House Bill 13-27, a package of updates from the Washington State Horse Racing Commission that would modernize governance rules, alter pari-mutuel tax treatment and permit new grant and wagering flexibilities; commission officials said the changes update decades-old statute.
House Bill 13-27, which the Washington State Horse Racing Commission requested, was presented to the Senate Business, Financial Services, Gaming & Trade Committee as a modernization of the state's horse-racing statutes.
Clint McCarthy, committee staff, summarized the bill’s provisions, saying it “defines the term pari-mutuel wagering” and makes multiple governance and operational changes to the commission’s authority. Among the proposed changes are dropping the requirement that one of three commissioners be a breeder, restricting commission employees from working simultaneously at racetracks they…
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