HB 23-1041

House Bill 23-1041, which has been signed into law and will take effect on October 1, 2024, bans betting on greyhound races that are broadcast from out-of-state tracks in Colorado. The bill also establishes a fund to support greyhound welfare and adoption, with initial contributions of $25,000 in 2025 and $50,000 in 2026, before the fund is dissolved in August 2026. This law will impact anyone who bets on out-of-state greyhound races from Colorado and aims to improve conditions for racing greyhounds.

Official Summary

Current law prohibits racing of greyhounds in Colorado; however, it is legal to wager on greyhound races that are conducted at out-of-state race tracks and simulcast for viewing in off-track betting venues in Colorado. The act makes it unlawful in Colorado to wager on any race of greyhounds that is conducted at, and simulcast from, a track that is outside of Colorado. The act also creates the greyhound welfare and adoption fund and requires that, of the money that is paid to the department of revenue by licensees for the privilege of conducting races and operating in-state simulcast facilities, the department must transfer to the fund: $25,000 on January 1, 2025; and $50,000 on January 1, 2026. The fund is repealed, effective August 1, 2026. APPROVED by Governor June 2, 2023 EFFECTIVE October 1, 2024 NOTE: This act was passed without a safety clause. (Note: This summary applies to this bill as enacted.)

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