1. (a) The commission shall determine the dates and (if the commission adopts a rule under subsection (c)) the number of racing days authorized under each recognized meeting permit. Except for racing at winterized tracks, a recognized meeting may not be conducted after December 10 of a calendar year.

2. (b) Except as provided in subsection (c), the commission shall require at least two hundred eighty (280) but not more than three hundred thirty (330) total live racing days each calendar year combined at both racetracks, as follows:

   1. (1) At least one hundred sixty (160) but not more than one hundred eighty (180) live racing days must be for standardbreds to race at a licensed pari-mutuel horse racing track located in Madison County.

   2. (2) At least one hundred twenty (120) but not more than one hundred fifty (150) live racing days must be for horses that are:

      1. (A) mounted by jockeys; and

      2. (B) run on a course without jumps or obstacles;

         to race at a licensed pari-mutuel horse racing track located in Shelby County.

         The requirements of this subsection are a continuing condition for maintaining the permit holder's permit. However, the requirements do not apply if the commission determines that the permit holder is prevented from conducting live horse racing as a result of a natural disaster or another event over which the permit holder has no control.

3. (c) The commission may by rule adjust any of the following:

   1. (1) The total required number of live racing days under subsection (b).
   2. (2) The number of live racing days required under subsection (b)(1).
   3. (3) The number of live racing days required under subsection (b)(2).
4. (d) A permit holder may not conduct more than fourteen (14) races on a particular racing day, unless authorized by the commission to conduct additional races.

As added by P.L.341-1989(ss), SEC.2. Amended by P.L.233-2007, SEC.6; P.L.256-2015, SEC.4; P.L.165-2021, SEC.45; P.L.152-2025, SEC.11; P.L.23-2026, SEC.19.