Interstate Racing and Wagering Compact
The Act authorizes and directs the Governor to execute an interstate compact on participation in live pari-mutuel horse racing and pari-mutuel wagering activities; define terms; establish compact commission and assign powers and duties; establish rule-making procedure; permit compact commission to charge fees; establish rights and responsibilities of member states, restrictions on authority, and construction, saving, and severability; establish effective provision based upon enactment by at least six states.
The purposes of this compact are:
- To enable member states to act jointly and cooperatively to create more uniform, effective, and efficient practices, programs, rules, and regulations relating to live pari-mutuel horse or greyhound racing and to pari-mutuel wagering activities, both on-track and off-track, that occur in or affect a member state;
- To facilitate the health and growth of the industry by simplifying the process of participating in live horse and greyhound racing and pari-mutuel wagering, improving the quality and integrity of racing and wagering, more effectively regulating simulcast and wagering systems and activities, and through cooperative action reducing the costs incurred by each member state or participant;
- To authorize the Kentucky Horse Racing Commission to participate in this compact;
- To permit officials from the member states to participate in this compact and, through the compact commission established by this compact, to enter into contracts with governmental agencies and other persons to carry out the purposes of this compact; and
- To establish the compact commission created by this compact as an interstate governmental entity duly authorized to request and to receive criminal history record information from the Federal Bureau of Investigation and from state, local, and foreign law enforcement agencies.
Status: Signed into law on March 16, 2011.
|Interstate Racing and Wagering Compact||145.77 KB|