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HISA ‘Fix’ Language Included In Omnibus Spending Bill
Language designed to bolster the Federal Trade Commission’s oversight of the Horseracing Integrity and Safety Authority was included in a federal $1.7 trillion omnibus bill passed by the Senate and House of Representatives just before Christmas and signed Dec. 29 by President Joe Biden.
The short amendment states that it allows the FTC to “abrogate, add to, and modify the rules of (HISA) promulgated in accordance with this Act as the commission finds necessary or appropriate.”
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At its September open meeting, the Maryland Thoroughbred Horsemen’s Association (MTHA) Board of Directors reviewed the highly successful results of the $600,000 Owner and Developer Bonus Program and the dual-state bred stakes schedule offered this summer to Maryland-based connections during the Laurel Park racing break.
