Ex-racehorses in New York could soon have a retirement fund. The New York State Task Force on Retired Racehorses, which was established by the state legislature to find ways that public funding could help benefit horses at the end of their track careers, recommended that .5 percent of revenue generated from video lottery terminals help fund the rehabilitation and re-training of ex-racehorses.
The task force also suggested that .5 percent of purse winnings go to the fund. Based on past numbers, those two measures alone could bring in more than $4 million.
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