Louisiana Governor John Bel Edwards is supporting a new law that would allow the executive director of the Louisiana State Racing Commission to own horses. The bill, which was proposed by State Representative Thomas Pressly, would amend current regulations that prohibit the executive director from owning or having a financial interest in racehorses.
Under the proposed law, the executive director would be required to disclose any ownership interests in horses and recuse themselves from any related decision-making processes. Governor Edwards believes that this change is necessary to attract qualified candidates for the position of executive director, as owning horses is a common practice in the horse racing industry.
Supporters of the bill argue that allowing the executive director to own horses could bring a wealth of industry knowledge and experience to the role, ultimately benefiting the Louisiana State Racing Commission and the horse racing community as a whole.
The bill has garnered bipartisan support and is expected to pass in the Louisiana State Legislature. If approved, it will provide a new opportunity for the executive director to engage with the industry and contribute to its growth and success.
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