Relates to the investment of funds wagered on video lottery gaming for certain horse races.
Amends the tax law and racing, pari-mutuel wagering and breeding law to change how vendor fees from video lottery gaming are allocated. Specifically, it directs that certain percentages of the vendor fee be deposited into various funds for purposes such as enhancing purses, funding economic development, and providing health insurance for jockeys. It also repeals certain provisions related to these funds.
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