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Senate hearing hears strong rural support for SB 15 24 to dedicate lottery funds for horse racing and fairgrounds
Summary
Supporters including county fair officials, trainers and breeders told the Senate committee SB 15 24 would replace funds lost when hub wagering changed and provide steady lottery funding (0.3% of proceeds) to preserve racing infrastructure and rural economic activity; committee members sought clarifications about ORC distribution mechanics and timing.
The Senate Committee on Finance and Revenue heard extensive testimony Feb. 20 on SB 15 24, which would create a dedicated horse‑racing account funded by 0.3% of Oregon Lottery proceeds and make the allocation operative July 1, 2027. Sponsors and industry witnesses described the measure as necessary to backfill revenue lost after changes to hub wagering and to sustain county fairs and small track economies.
Sen. Suzanne Weber, who spoke in support, said the bill would provide stability for rural events and facilities that rely on racing proceeds for track maintenance, safety equipment, veterinary care and…
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