Horse Racing

HISA announces FTC approval of 2022 Cost Assessment


The Equestrian Safety and Integrity Authority hit major milestones this week with the Federal Trade Commission approving a proposed Code of Method Review and Enforcement in addition to distribution. 2022 cost assessments for state racing commissions. As July 1, 2022, the effective date for the Track Safety Program, these developments are the latest steps in HISA’s mission to make racing safer and more protected. integrity of sport through unified rules, enforcement mechanisms and recognition standards.

“These developments bring us closer to fulfilling our mission to protect the health of both riders and riders through unified rules and accreditation standards,” said the Managing Director. implementation of HISA, said Lisa Lazarus. “The Track Safety Program will expand veterinary oversight, impose surface inspection and maintenance requirements, improve jockey safety, and implement rules requiring nullification, among other things.” Another important measure will come into force on July 1.”

The Enforcement Rule (Line 8000) describes a range of violations and civil sanctions, establishes procedures for racetrack recognition and discipline hearings, and grants the Authority necessary investigative authority. The FTC’s approval indicates that the rules meet the requirements of the Horseracing Safety and Integrity Act (Act) to identify violations and put in place adequate due process, including including impartial hearing officers or courts commensurate with the gravity of the alleged violation. In developing these rules, the Authority relied heavily on the rules governing equestrian activity as they currently exist in most states.

The annual assessments that state racing commissions are receiving today are determined by the FTC-approved Methodological Review Rule (8500 Series), which outlines a process designed to ensure fairness and equality among purebred racing jurisdictions. The cost calculations represent each state’s proportionate share of HISA’s 2022 budget as required by the Act. As a rule, HISA calculates 50% of each state’s racing commission costs by the total number of starts in insured races and the other half based on the number of starts calculated for the amount in the race. Insurance races.

HISA intends to work continuously with stakeholders to develop and improve the rules as more data becomes available and as circumstances dictate.

Registration for



Source link

news7g

News7g: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button