The Georgia House of Representatives has created the House Study Committee on the Horse Racing Industry, a boost to those seeking to win approval for pari-mutuel racing in the state.
The House voted 157-7 in favor of the resolution April 14.
“Expanding our state’s horse industry is a simple way to bring jobs to our state, jobs that are severely needed by the thousands of Georgians who continue to struggle to find employment,” said Republican Rep. Harry Geisinger in a statement. “The number of jobs created and revenue generated through horse racing in our state would give Georgia the economic boost we need.
“Thirty-eight other states already reap the $39 billion in economic benefits that horse racing and pari-mutuel wagering bring to our country. Recent budget cuts have made it clear that Georgia can no longer afford to miss this economic opportunity.”
The study committee will be tasked with studying the effects horse racing and pari-mutuel wagering could have on Georgia’s economy. It would include any broad financial benefits for the state and Georgians from additional employment opportunities, capital investments, and real profits from increased breeding, raising, and quartering of horses.
The committee will publish a report of its findings and recommendations, which may include suggestions for proposed legislation. The report will be submitted to the Georgia House of Representatives by Dec. 31.
The committee will be comprised of six members appointed by the Speaker of the House. Three members will be selected from the House, two members will be other citizens of the state, and one member will be an individual involved in the horse racing industry. The Speaker will designate one of the state representative committee members to serve as chairperson of the committee.