IN THE NEWS: Lawmakers eye reining in proposed $100M of horseracing subsidies

Proponents tout the ancillary economy that would benefit by boosting the horseracing industry, such as farmland preservation, and horse trainers and groomers, and farmers and manufacturers that produce bale and feed.

“[New Jersey] is known as the state in which the horse is recognized as the state animal,” said Assemblyman Kevin Rooney, R-40th District. “We need to do everything not only the horse industry but the farriers, the shipper’s the people that provide feed and grain, the farmers. We need to continue to do that.”

Under the amendment approved Monday, the state’s three racetracks would have to submit annual economic activity report to the state Legislature of the governor’s office and the New Jersey Racing Commission, which oversees the state’s horse-racing industry.

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