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Backstretch Pension Plan Contribution Approved
The Maryland Racing Commission Jan. 3 approved a plan by the MTHA’s Board of Directors to contribute $1 million for Plan Year 2022-23. The amount was first raised to $1 million for Plan Year 2021-22.
The MTHA administers the Backstretch Pension Fund. By statute, the MRC may direct a deduction from open purse money of 0.25% of all pari-mutuel pools to support the fund.
Latest Posts
An October 7 Daily Record article about proposed Maryland Racing Commission regulations has generated questions about increased penalties, medication enforcement and the state’s investment in Thoroughbred racing.
The Maryland Thoroughbred Horsemen’s Association Board of Directors on October 1 approved a slate of 26 candidates—12 owners and 14 trainers—that was presented by its Nominating Committee.
