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Bill could allow everyday Americans to own part of racehorses

Summary by Lex18 NBC
Congressman Andy Barr is hoping to pass a bill that would help the horse racing industry grow.The RACE Act, the Regulation Advancement for Capital Enhancement Act, would bring more everyday people into the sport by allowing them to own small shares of racehorses."That dream of ownership of a horse is pretty elusive for most people. It's viewed as only a game for the wealthy. A way to democratize race horses is the RACE Act, which would allow mor…

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Lex18 NBC broke the news in on Monday, May 5, 2025.
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