On Tuesday, May 1, 2018, Governor Matt Bevin joined state legislators and Thoroughbred horse racing officials at Louisville’s Churchill Downs to ceremonially sign House Bill 259. HB 259 strengthens the Commonwealth’s bid to become a regular stop for Breeders’ Cup World Championships, a two-day, $30 million industry showcase. The bill makes permanent a tax exemption that was temporarily put in place ahead of the 2015 Breeders’ Cup event at Lexington’s Keeneland Race Course and had expired in 2017. Churchill Downs will host the 2018 Breeders’ Cup World Championships on November 2-3.