§ 1101. Purposes. The purposes of this compact are:

a. to derive uniform requirements among the party states for the
licensure of participants in live horse racing with pari-mutuel
wagering, and to ensure that all licensees pursuant to this compact meet
a uniform minimum standard of honesty and integrity;

b. to facilitate the growth of the horse racing industry by
simplifying the process for qualified applicants for a license to
participate in live racing, and to reduce the cost incurred by each
state and applicant from the separate licensing process conducted by
each state that conducts live horse racing;

c. to authorize the commission to participate in this compact;

d. to permit officials from the party states to participate in this
compact and, through the compact committee established by this compact,
to enter into contracts with governmental agencies and other persons to
carry out the purposes of this compact; and

e. to establish the compact committee created by this compact as an
interstate governmental entity duly authorized to request and to receive
criminal history record information from the federal bureau of
investigation and from state, local, and foreign law enforcement
agencies.