For Your Information
FTC Issues Order Approving 2025 Budget for Horseracing Integrity and Safety Authority
The Â鶹´«Ã½ Trade Commission has issued an order approving the Horseracing Integrity and Safety Authority’s 2025 budget as submitted to the Commission.
Under the FTC’s of the Authority’s budget process, the Authority must submit its proposed annual budget to the FTC for approval. Following the publication of the Authority’s proposed budget in the Â鶹´«Ã½ Register, the Commission must either approve or disapprove the proposed budget.
The FTC in the Â鶹´«Ã½ Register and provided the public an opportunity to comment. In its order, the Commission finds that the Authority’s proposed budget, which totals $80 million, is consistent with the requirements of the FTC’s oversight rule.
The Commission vote to approve the proposed budget was 5-0.
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