A bill for an act relating to horse racing by transferring certain portions of the state sales tax for the purpose of supplementing horse race purses, and making appropriations.

HSB 344 establishes a system to supplement horse race purses by redirecting a portion of state sales tax. Beginning July 1, 2025, sales tax collected on specific horse care products, such as feed, supplements, and tack, will be transferred into a new "horse racing purse fund" in the state treasury. Annually, starting April 1, 2026, moneys from this fund will be appropriated to the State Racing and Gaming Commission. The commission will then distribute these funds to licensed horse racing facilities, which must use them to supplement horse race purses according to a designated structure.