Bill Cole
May 8, 2020
The Racing and Community Development Act of 2020, a capital plan aimed to protect horse racing in Maryland through the development of Pimlico Race Course and Laurel Park, was allowed to pass, without signature, by Gov. Larry Hogan May 7. Passed by the Maryland General Assembly Mar. 18, the legislation clears the way for the Maryland Stadium Authority to provide up to $375 million in bonds, stemming from a combination of funds from the Racetrack Facility Renewal, Purse Dedication Accounts and Baltimore City' video lottery terminal payments and funds from...