Bill Text: NJ S2390 | 2010-2011 | Regular Session | Introduced
Bill Title: Decreases annual standardbred race dates to 75 minimum upon consent from Standardbred Breeders and Owners Association of New Jersey; increases to 5% maximum amount of certain purse moneys that may be distributed to aid horsemen.*
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: (Passed) 2011-04-08 - Approved P.L.2011, c.50. [S2390 Detail]
Download: New_Jersey-2010-S2390-Introduced.html
Sponsored by:
Senator PAUL A. SARLO
District 36 (Bergen, Essex and Passaic)
Senator JIM WHELAN
District 2 (Atlantic)
SYNOPSIS
Decreases required number of annually scheduled standardbred race dates to no fewer than 100 upon written consent from Standardbred Breeders and Owners Association of New Jersey.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning standardbred horse racing and amending P.L.2001, c.199.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. Section 30 of P.L.2001, c.199 (C.5:5-156) is amended to read as follows:
30. a. The permit holder at Monmouth Park and the thoroughbred permit holder at Meadowlands Racetrack together shall schedule (1) no fewer than 120 thoroughbred race dates in the aggregate in each of calendar years 2004 through 2007; (2) no fewer than 141 thoroughbred race dates in the aggregate in each of calendar years 2008 through 2016, except that in calendar year 2010 the permit holder at Monmouth Park and the thoroughbred permit holder at Meadowlands Racetrack may schedule no fewer than 71 race dates in the aggregate and all to take place at Monmouth Park; and (3) beginning in calendar year 2017 and in each calendar year thereafter, no fewer than 141 thoroughbred race dates in the aggregate, provided that in calendar year 2017 and in each calendar year thereafter the permit holders may schedule fewer than 141 thoroughbred race dates in the aggregate if the commission determines, upon application by the permit holders, that scheduling fewer dates in that calendar year is in the best interest of the racing industry and the State. In making its determination, the commission shall consider all factors, including, but not limited to, handle, number of starters, interstate competition, and export marketability. Notwithstanding the foregoing in (3), in no calendar year shall the permit holders schedule, in the aggregate, fewer than 120 thoroughbred race dates.
b. The standardbred permit holder at Meadowlands Racetrack shall schedule annually no fewer than 151 standardbred race dates, except that the standardbred permit holder may decrease the annual number of scheduled standardbred race dates to no fewer than [141] 100 standardbred race dates upon [mutual] written [agreement with the representative horsemen's organization] consent from the Standardbred Breeders and Owners Association of New Jersey.
c. The permit holders at
Freehold Raceway shall schedule annually no fewer than 192 standardbred race
dates, except that the permit holders may decrease the annual number of
scheduled race dates to no fewer than [168] 100 standardbred
race dates upon [mutual] written [agreement with the
representative horsemen's organization]
consent from the Standardbred Breeders and Owners
Association of New Jersey.
d. Notwithstanding subsection a. of this section, the permit holder at Monmouth Park and the thoroughbred permit holder at Meadowlands Racetrack may schedule 120 thoroughbred race dates in the aggregate in each calendar year from 2004 through 2007 only if the thoroughbred permit holder at Meadowlands Racetrack or the permit holder at Monmouth Park guarantee in each calendar year from 2004 through 2007 at least $4,200,000 in thoroughbred stakes at Meadowlands Racetrack and Monmouth Park, and guarantee the average daily overnight purses for thoroughbred race meetings at the following levels: (1) at least $300,000 at Meadowlands Racetrack in each calendar year from 2004 through 2007; (2) for the traditional meet at Monmouth Park, at least $320,000 in calendar year 2004, at least $325,000 in calendar year 2005, at least $330,000 in calendar year 2006 and at least $335,000 in calendar year 2007; and (3) for the 18-day supplemental meet at Monmouth Park, at least $300,000 in each calendar year from 2004 through 2006. In any calendar year from 2004 through 2007 in which the permit holder at the Meadowlands Racetrack or the permit holder at Monmouth Park, as appropriate, fails to guarantee the required minimum for thoroughbred stakes or the required minimum in average in daily overnight purses pursuant to this subsection, the permit holder at Monmouth Park and the thoroughbred permit holder at Meadowlands Racetrack together shall schedule no fewer than 141 thoroughbred race dates in the aggregate in that calendar year.
(cf: P.L.2010, c.18, s.1)
2. This act shall take effect immediately.
STATEMENT
This bill permits the standardbred permit holder at Meadowlands Racetrack to decrease the annually required minimum number of scheduled standardbred race dates from no fewer than 141 to no fewer than 100 standardbred race dates upon written consent from the Standardbred Breeders and Owners Association of New Jersey. The bill also permits the standardbred permit holder at Freehold Raceway to decrease the annually required minimum number of scheduled standardbred race dates from 168 to no fewer than 100 upon written consent from the Standardbred Breeders and Owners Association of New Jersey.
Current law provides that the standardbred permit holder at Meadowlands Racetrack must schedule annually no fewer than 151 standardbred race dates, except that the permit holder may decrease that number to no fewer than 141 upon mutual written agreement with the representative horsemen's organization. Currently, the standardbred permit holder at Freehold Raceway must schedule annually no fewer than 192, except that the permit holder may decrease that number to no fewer than 168 upon mutual written agreement with the representative horsemen's organization.
