Provides $1 million in funding to NJ Racing Commission for five-year grant program for purpose of supporting certain organizations that care for retired horses.

S 2021 establishes a five-year grant program providing $1 million in state funding to support organizations caring for retired Standardbred and Thoroughbred racehorses. The program targets accredited nonprofit organizations (specifically those recognized by the Standardbred Transition Alliance, Standardbred Retirement Foundation, or Second Call Thoroughbred Adoption) that meet IRS 501(c)(3) requirements. The New Jersey Racing Commission will administer the grants, developing application processes and evaluation criteria for eligible groups. This funding directly supports the welfare of retired racehorses, aligning with the state's recognition of the horse racing industry's economic contributions and the need for post-racing care.