Allows the Washington horse racing commission to impose fees and use sales tax revenues for federal regulatory compliance.

The bill allows the Washington horse racing commission to impose fees to cover federal fees and comply with the Horseracing Integrity and Safety Act of 2020. It creates the Washington equine industry federal regulatory account to receive revenues from these fees. The state treasurer must transfer up to $1,500,000 annually from the general fund to this account, derived from state sales and use taxes on equine products and services. The commission can adopt rules to implement these provisions.

Allows the Washington horse racing commission to impose fees and use sales tax revenues for federal regulatory compliance.

The bill allows the Washington horse racing commission to impose fees to cover federal fees and comply with the Horseracing Integrity and Safety Act of 2020. It creates the Washington equine industry federal regulatory account to receive revenues from these fees. The state treasurer must transfer up to $1,500,000 annually from the general fund to this account, derived from state sales and use taxes on equine products and services. The commission can adopt rules to implement these provisions.