On Thursday, Sept. 12, New Jersey Governor Phil Murphy signed Assembly Bill No. 2610, appropriating $20 million USD annually to the New Jersey racing industry divided equally between Thoroughbreds and Standardbreds through the State's 2029 fiscal year.

This bill is an extension of the State's commitment to provide purse appropriations to the racing industry starting in 2019.

"The funding provided by this legislation will allow New Jersey's horse racing industry to continue to compete at high levels, providing thousands of jobs and preserving farmland and open space while attracting tourists and fans  from all over the world," the SBOANJ stated in a release on Sept. 13. "The extension of the appropriation bill was made possible by TrotPAC and AMG, our government lobbying firm. A thank you to all those who have donated and helped support TrotPAC over the years without you we would not be able  to celebrate another win for the horse racing industry in New Jersey."

(SBOANJ)