Maryland legislation · 2026 Regular Session
Maryland SB762: Horse Racing - Racetrack Facility Renewal Account Grants - Alterations
Status: Signed into law, May 12, 2026
Authorizing, rather than requiring, a certain racing licensee to receive a grant for a capital construction plan from the Racetrack Facility Renewal Account; requiring the racing licensee that receives the grant without providing and expending a matching fund to conduct live racing days in the State for at least 10 years after the construction plan is complete; altering the amount of the balance in the Racetrack Facility Renewal Account that is to be made available to certain racing licensees if certain racetracks are closed; etc.
What the bill says
An act concerning Horse Racing - Racetrack Facility Renewal Account Grants - Alterations FOR the purpose of authorizing, rather than requiring, a certain racing licensee to receive a grant for a capital construction plan from the Racetrack Facility Renewal Account without providing and expending a matching fund; requiring the racing licensee that receives the grant without providing and expending a matching fund to conduct live racing in the State for a certain number of years…
From the enrolled text, May 18, 2026:
AN ACT concerning Horse Racing - Racetrack Facility Renewal Account Grants - Alterations FOR the purpose of authorizing, rather than requiring, a certain racing licensee to receive a grant for a capital construction plan from the Racetrack Facility Renewal Account without providing and expending a matching fund; requiring the racing licensee that receives the grant without providing and expending a matching fund to conduct live racing in the State for a certain number of years; requiring the State Racing Commission to recapture certain grant funds under certain circumstances and in a certain manner; altering the amount of the balance in the Racetrack Facility Renewal Account that is required to be made available to certain racing licensees if certain racetracks are closed and no longer used for live racing; and generally relating to grants from the Racetrack Facility Renewal Account. BY renumbering Article - State Government Section 9-1A-01(w-1) and (w-2) to be Section 9-1A-01(w-2) and (w-3), respectively Annotated Code of Maryland (2021 Replacement Volume and 2025 Supplement) BY repealing and reenacting, without amendments, Article - State Government Section 9-1A-01(a) and 9-1A-29(a) Annotated Code of Maryland (2021 Replacement Volume and 2025 Supplement) BY adding to Article - State Government Section 9-1A-01(w-1) Annotated Code of Maryland (2021 Replacement Volume and 2025 Supplement) BY repealing and reenacting, with amendments, Article - State Government Section …
Sponsors
- Guy Guzzone (D, 13) · primary sponsor
- Malcolm Augustine (D, 47)
- Paul Corderman (R, SD-002)
- Shelly Hettleman (D, 11)
- Nancy King (D, SD-039)
- Karen Young (D, 3)
- Cory McCray (D, SD-045)
- Jim Rosapepe (D, SD-021)
- Johnny Salling (R, SD-006)
- Craig Zucker (D, SD-014)
Latest actions
- : Approved by the Governor - Chapter 383
- : Passed Enrolled
- : Third Reading Passed (47-0)
- : Senate Concurs House Amendments
- : Third Reading Passed (136-0)
- : Second Reading Passed with Amendments
- : Favorable with Amendments {543729/1 Adopted
- : Favorable with Amendments Report by Appropriations
- : Hearing 3/31 at 1:00 p.m.
- : Referred Appropriations
Votes
- Third Reading Passed (47-0) (April 13, 2026): 47 yea, 0 nay, passed
- Third Reading Passed (136-0) (April 13, 2026): 136 yea, 0 nay, passed
- Third Reading Passed (41-0) (March 20, 2026): 41 yea, 0 nay, passed
Common questions
- What is SB762?
- SB762 is a bill in the Maryland Legislature (2026 Regular Session): Horse Racing - Racetrack Facility Renewal Account Grants - Alterations.
- What does SB762 do?
- In its own words: An act concerning Horse Racing - Racetrack Facility Renewal Account Grants - Alterations FOR the purpose of authorizing, rather than requiring, a certain racing licensee to receive a grant for a capital construction plan from the Racetrack Facility Renewal Account without providing and expending a matching fund; requiring the racing licensee that receives the grant without providing and expending a matching fund to conduct live racing in the State for a certain number of years…
- What is the status of SB762?
- Signed into law as of May 12, 2026. Latest action: Approved by the Governor - Chapter 383 (May 12, 2026).
- Who sponsored SB762?
- Guy Guzzone (D, 13), with 9 co-sponsors.
- Where is the official record for SB762?
- On the Maryland Legislature website: https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0762?ys=2026RS
Source: official Maryland record. Tracked by Delilah, AI for legislation across all 50 states and Congress.