Legislative Advertising Paid for by PM Texas, LLC. 7575 N. Sam Houston Parkway W. Houston, TX 77064

The Texas Horse Industry has been in steep decline for over a decade. Foals are down exponentially from a decade ago and many great horse farms have steadily moved breeding efforts out of Texas to enjoy more hospitable and profitable environments in neighboring states. This is largely due to casinos that now augment their purses and breeding funds.

Legislators have repeatedly expressed the desire to come to the industry’s aide, but no single plan has been approved by the Legislature. Meanwhile, the Texas horse industry has suffered.

This session, lawmakers in both houses of the Legislature have worked with the industry to bring a handful of bills that, taken together, could breathe new life into our storied and important industry.

In the Senate, Senator Lois Kolkhorst (R-Brenham) has filed three bills that seek to help the horse industry:

  • SB 1971: Purse Matching Fund

    • $25 million incentive funded by current taxes on sales of horse feed, supplement and tack

  • SB 1972: Texas Bred Clean-Up

    • Creates an escrow fund to house the ATB program money so that it doesn’t count against the Racing Commission Budget

  • SB 1973: TRC Funding
    • Commits the existing Simulcast Wagers Tax to TRC funding rather than General Fund

In the Texas House, Representative John Kuempel filed two bills aimed at creating new revenue for the Texas Horse Industry:

  • HB 3925: Advanced Deposit Wagering

    • Allows pari mutuel ADW wagering on simulcast races via computer and phone

    • Interfaces is similar to fantasy sports betting

  • HB 3926: Purpose Driven Pari Mutuel

    • Allows historical racing terminals at licensed tracks with the profits divided amongst police body armor funding, purses, 501(c)3 charities and tracks.

    • Bi-Partisan Joint Authors are all committee chairs

HB 3926 by Kuempel would probably have the greatest impact on our ability to self sustain our industry into the future while providing reliable funding for police body armor and death benefits. It will also raise millions of dollars for Texas charities every year.

For us, it will allow the Texas horseracing industry to raise purses enough increase the breeding and racing of more and better horses in Texas.

Texas horse racing purses are currently only 26% of the total purses paid out in our neighboring state of Louisiana, 39% of what is available in New Mexico, and 57% of what is available in Oklahoma. Initial estimates tell us that with the opportunity to offer

Purpose Driven Pari-Mutuel, Texas (while still not reaching total purse levels currently available in Louisiana) will become much more competitive on a regional and national basis. This will in turn stimulate our agricultural sector by creating more activity in the breeding, raising and training or horses in our state. Please click below to write your legislator and ask for support for these important pieces of Legislation!