Reduces Historic Horse Racing charitable fundraising payouts to 35%. AMENDED to include provision that prohibits all public entities from implementing, promoting, or otherwise engaging in any diversity, equity, and inclusion DEI-related initiatives, programs, training, or policies; requires each agency to report such contracts to the department of administrative services, which shall compile a consolidated report for submission to the governor, speaker of the house of representatives, and senate president; provides for the amendment (i.e., removing DEI-related provisions) of non-compliant contracts.