Proposed amendments to Massachusetts regulations for the Race Horse Development Fund.
The Massachusetts Gaming Commission has proposed amendments to the Race Horse Development Fund regulations, specifically 205 CMR 149.00. The amendments aim to clarify the distribution of funds from the Race Horse Development Fund, including the creation of escrow accounts for certain funds. The commission may hold funds in escrow for up to three years and must seek authorization from the Treasurer and Receiver General before establishing an escrow account.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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