5:5-86.Ā  Legislative findings
The Legislature finds and declares that measures are required to improve theĀ  breeding of horses and the development of the horse industry in this State andĀ  for that purpose to provide additional funds from which purses payable to theĀ  owners of winning horses may be increased so that New Jersey tracks may attractĀ  the better grade of horses and have available through New Jersey breeding anĀ  adequate number of high-quality horses for their race meetings, and toĀ  encourage the retention in this State of contending horses to meet the growingĀ  demand for horses at race tracks.

L.1967, c. 40, s. 1, eff. April 28, 1967.
Ā