Kentucky Poised to Join Racing Compact
This week the Kentucky House passed the new Interstate Racing Compact designed to create uniformity among states participating in thoroughbred and harness horse racing. Gov. Beshear, who is expected to sign the bill, issued the following statement in a recent press release: "now, with the passage of SB 24 Kentucky can continue its leadership role as the Horse Capital of the World,” Beshear noted “This compact will better the industry not just in Kentucky, but across the nation, and allows us a prominent seat at the table in proposing uniform regulations among member states. The compact will allow participants to operate under uniform rules and regulations, where applicable, while still maintaining regulation at the state level."
The Council of State Governments, through the National Center for Interstate Compacts, was instrumental in helping to draft the legislation, consulting with industry officials and state regulators throughout the drafting process. To read the complete press release issued by CSG about the compact please click here.