LD 1766 LR 2633(02)
An Act To Improve Marketing Efficiency in the Harness Racing Industry by Requiring Its Promotion by the State Harness Racing Commission and by Repealing the Harness Racing Promotional Board
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Agriculture, Conservation and Forestry
Fiscal Note Required: Yes
Fiscal Note
FY 2017-18 FY 2018-19 Projections  FY 2019-20 Projections  FY 2020-21
Other Special Revenue Funds $0 $50,000 $50,000 $50,000
Other Special Revenue Funds $0 $50,000 $50,000 $50,000
Fiscal Detail and Notes
This bill repeals the Harness Racing Promotional Board (board) and moves its duties and responsibilities to the existing State Harness Racing Commission (commission), which is within the Department of Agriculture, Conservation and Forestry. The Harness Racing Promotional Fund, currently administered by the board, will be transferred to the commission. Annual revenue of $50,000 from commissions on live racing will now accrue to the commission starting in fiscal year 2018-19 and the bill includes an ongoing allocation of $50,000 beginning in fiscal year 2018-19.