Michigan HB4347 modifies the Michigan agriculture equine industry development fund and related programs.
Michigan HB4347 amends the Michigan agriculture equine industry development fund, requiring a portion of gross wagers to be deposited in the compulsive gaming prevention fund. It establishes a special thoroughbred sire stakes fund for 2-year-old and 3-year-old Michigan-sired thoroughbred horses and a special standardbred sire stakes fund for 2-year-old and 3-year-old Michigan-sired standardbred horses. The bill also outlines funds for various horse programs, including quarter, Arabian, and Appaloosa horses, and provides purse supplements and breeders' awards for these breeds.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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