IMPORTANT NOTICE!!!!

 

There is a gaming committee hearing scheduled at the State Capitol, room 112, 8:30 AM, Wednesday, June 6th.  This is a meeting which can determine the future of a Revenue Bill which will impact our industry.  Representative Lou Lang has asked that we have as many horsemen in attendance as possible in order to impress upon the committee members the importance of the Legislation.  Please make every effort "to be there" and encourage others to attend.  WE CAN MAKE A DIFFERENCE !!!

 

 

LEGISLATIVE NOTES    5/31/07

 

HB25 did "pass" on the Senate Floor late Thursday evening. Your IHHA was able to effect several changes which were beneficial to our industry.  This bill provides for impact fees (payments) from existing and all new casinos/riverboats into harness purses, using best available estimates, as follows:

 

             Years       (1)                           (2)                            (3) and forward

             $13-14 million                $16-18 million                   $25 million +

 

             #  All payments to begin IMMEDIATELY upon signing of bill

             #  Recapture to be ELIMINATED IMMEDIATELY upon signing of bill.

            

 This bill will be sent on to the Illinois House shortly and there will undoubtedly be some amendments proposed.  We need to properly address some other issues and have had some preliminary discussions regarding same.  The passage of this bill in the Senate is truly significant in that we were able to convince the legislators that the Recapture provision of the law should be repealed...however, this is only one step towards realizing a fair and equitable bill.  There is still much work to be done.  We continue to maintain our position that the IHHA will only support legislation which benefits all segments.

              

 

LEGISLATIVE NOTES    5/29/07


Your IHHA, lobbyists, and friends are working with Legislation in attempting to create a fair and equitable gaming bill which provides maximum benefit to our members.  We will only support a vote for a bill which includes ELIMINATION

OF RECAPTURE, PROTECTION OF LIVE RACING, SIGNIFICANT ADDITIONAL DOLLARS FOR PURSES and other issues of concern to our members and industry.   Senate Bill 11 is the current vehicle which is being considered, and we (Your IHHA) have given testimony indicating that amendment is needed in order to cause it to be workable and acceptable.  We are working with leadership in both houses and the track  operators to be certain all our issues are properly addressed.

 

 LEGISLATIVE NOTES 05/17/07

 

HB0950 did pass the Senate (now has passed both chambers) today and awaits the governor's signature to be enacted into Law.  This HB0950 "provides that the tax exemption for certain registered horses....that are used for breeding or racing...are exempt from the Act's sunset provision and that the exemption apples for all periods beginning May 30, 1995......"  (more details to follow)......This is extremely important to our industry and marks the first time that legislation initiated by your IHHA has passed without any assistance from anyone outside your IHHA..   thanks to the efforts of our lobbying team...

 

Your IHHA is continuing its' efforts in working towards fair and equitable gaming legislation and is maintaining a strong presence in Springfield

 

 

IMPORTANT NEWS

   

                                                                                         Text of comments presented to Gaming Committee meeting, Rep. Lou Lang, Chairman

 

ILLINOIS HARNESS HORSEMEN’S ASSOCIATION

RE: ADDITIONAL LIMITED GAMING, APRIL 13, 2007

 

 

As need continues for new revenues to fund vital projects in Illinois, particularly education and health welfare, the Illinois Harness Horsemen’s Association  believes that a viable solution is through additional limited gaming (slots) at existing facilities, either riverboats or race tracks, or both..

 

Electronic wagering machines, slots, are a natural outgrowth of pari-mutuel wagering that already occurs throughout Illinois..  Nearly every state in the United States that hosts horse racing also offers slots at their racetracks or,  a sharing of revenues from those venues which adversely affect this important and essential agribusiness.  These progressive states have reaped huge benefits for their citizens.  Illinois is lagging behind in being one of the few states that has not implemented this revenue enhancer for its’ citizens and its’ important agribusiness community.

 

The benefits are obvious.  Direct revenue for the State’s many needed programs is generated and a small portion of that revenue saves and preserves an industry vital to the agricultural economy of Illinois; from the veterinarians and caretakers who provide for these equine athletes, the farmers who grow our feed, the so many others employed in our industry, we represent the more than 40,000 legitimate business people and employees involved in various aspects of this important industry, with an investment of probably more than $5 billion dollars in the State of Illinois looking to achieve a fair and reasonable return on investment and continued job security. To place an additional burden on the State’s welfare system through allowing the steady decline of this agribusiness and its’ loss of jobs is unconscionable.

 

Incredibly, Illinois has continued to neglect this valuable economic engine and has caused a continuing outflow of prominent stables, horses, owners, drivers, and jockeys to those more progressive states that have recognized the importance of their agricultural industries and have implemented the plans to save an industry!  These states are capturing untold hundred of millions of dollars that belong in Illinois…and that is in addition to the hundreds of millions more that could flow to state funding for other essential programs if slots on tracks were allowed or revenue sharing from existing riverboats was implemented.  These other states have had the foresight to recognize that such a revenue enhancer would lead to a healthier industry and protect and provide thousands more jobs.  We need to stem the building negative impact to our agricultural economy by taking the needed action NOW.! ! !  Next year will be too late… …irreparable damage will have been done and this once nationally prominent Illinois industry will not likely recover.

 

Since 1983, when racetracks and horsemen shared equally in revenues generated by wagering on horse races, the law has been changed several times to the sole benefit of the race tracks.  Between 1983 and 2005, the race tracks received $820 million dollars more from generated handle than was allowed to the horsemen ! !

 

In an attempt to assist the industry, a 1995 amendment to the Horse Racing Act   was enacted allowing for simulcasting of complete race programs.  Along with  this amendment, ‘recapture” was created to offset any diverse effects to the race tracks.  Its desired effects were not realized and the race tracks have  benefited by more than 130 million dollars ! ! from this provision of the law, at the expense of the horsemen . Although a 1999 amendment provided that  the horsemen be held harmless for this drastic reduction in purse account revenue, and that the “General Assembly shall appropriate sufficient funds from the General  Revenue Fund to the Department of Agriculture for payment…..”  of monies to the racetracks, this provision of the law was ignored and horsemen have had to bear the full burden of this inequity.  To date, we, the horsemen, are  owed more than $100 million dollars in unappropriated recapture reimbursement by the State.

       

In this time of tighter and tighter revenue streams available to the State, passage of  this essential and helpful legislation will enable Governor Blagojevich and our other elected officials to better serve their constituents and fill the budgetary gaps, and, preserve and protect the welfare of the more than 40,000 people involved in our industry.                             

 

Of paramount importance is, of course, the preservation of live racing in Illinois which translates in jobs, jobs, jobs, and that individual horsemen, not the wealthy track owners and entertainment corporations, derive fair and maximum benefit of any new revenue from proposed new legislation in this area.. Our members of the Illinois Harness Horsemen’s Association are the backbone of the industry.  We are the trainers, breeders, drivers, caretakers…..people….in need of your understanding and help.  We will not be poster children for wealthy corporations and track owners who have reaped most of the benefits in the past.  We NEED our fair share through a more equitable distribution of purse monies in order that we can survive.

 

We urge all of our concerned elected officials to do what is necessary and right to help all Illinois citizens and to improve and prop up the financial foundations of one of Illinois most important industries.  Support additional limited gaming at these existing venues, either the race tracks or riverboats, or both, along with a fair and equitable distribution of the derived benefits.  Let’s not allow Illinois to be left behind those other now more visionary states. 

 

 

George Bonomo, President

Illinois Harness Horsemen’s Association