Friday, May 26, 2006
I happened to check my e-mail just now and saw that the governor signed the horse racing bailout bill. It’s Friday before a three-day weekend at 3:50 pm. Hmmm. Do you think they’re trying to bury this story?
Governor Rod R. Blagojevich today signed into law two bills designed to help protect thousands of jobs associated with the stateâ€™s horse racing industry, and to help Illinois racetracks remain viable and competitive. The Governor signed House Bill 1918, creating the Horse Racing Equity Trust Fund, which will provide $36 million a year for racing purses and racetrack improvements for the next two years. In addition, the Governor signed House Bill 4377, which reduces the state tax due on bets placed at Fairmount Racetrack in Collinsville from 1.5% to .25%.