Reallocates standardbred horse racing purse subsidies from Freehold Raceway to Meadowlands Racetrack under certain circumstances.

This bill reallocates standardbred horse racing purse subsidies in New Jersey: when Freehold Raceway ceases live racing, funds previously designated for its overnight purses (16% of standardbred industry funds) are redirected to Meadowlands Racetrack's overnight purses. The reallocation continues until Freehold resumes live racing, after which the 16% allocation would return to Freehold. The bill does not change existing allocations for thoroughbred racing, New Jersey Sire Stakes, or breeders' awards. It specifically modifies how standardbred industry funds are distributed during periods when Freehold Raceway has no live racing.