In 2009 Michigan Governor Granholm after 75 years threw Horse Racing here to the wolves. Citing this reason the ORC was being dissolved: NO MORE FUNDING available.
Well it would seem now Michigan has a surplus of $429,000,000.00 and doesn’t know what to do with it. And everybody and their cousin is after it. Wasn’t the Lottery designed to fund the schools? Then why aren’t they?
Since 1933 there was an Industry that at one time generated over $400 Million per year to this State and it was HORSE RACING.
Filed under Detroit News, Governor Snyder, Michigan Governor Rick Snyder, Michigan Horse Racing, Michigan Horse Racing News, Michigan News, Michigan Politics, Michigan Thoroughbred Horse Racing, Michigan Thoroughbred Horse Racing History, Pinnacle Race Course, Politics, Racinos, The Michigan Gaming Control Board
Filed under Breaking News, Detroit News, Horse Racing, Law, Michigan Horse Racing, Michigan Horse Racing News, Michigan News, Michigan Thoroughbred Horse Racing History, News, Politics, Sports
From the HBPA Website
STATE REVENUE FROM THE 3.5% SIMULCAST TAX CURRENT FISCAL YEAR: OCTOBER 1, 2009-JUNE 6,2010
This is what Michigan wants to throw away. MUCH NEEDED REVENUE. Well if Michigan doesn’t want it and since Horse Racing generates it. Why are the Thoroughbred Horsemen having to BUY BACK DATES WITH OUR PURSES?
Michigan Horse Racing lives to see another day.
Senate Passes Bill HB-4311, November 5, 2009
Roll Call # 536
Yeas 91 Nays 12
Governor Granholm is expected to sign the Bill, Friday November 6, 2009 at 11:00 am.
ALL SIMULCASTING AND LIVE RACING WILL HALT FRIDAY NOVEMBER 6, BREEDERS CUP WEEKEND.
STATE REVENUE FROM THE 3.5% SIMULCAST TAX FROM JAN.1 THROUGH 11/1/2009 $5,341,057.00
CONTACT SENATORS NOW!!!