Rodeo became, by law, a national sport on January 10, 1962 by decree Nº269 of the National Council of Sports and the Chilean Olympic Committee. Beginning on May 22, 1961, the sport is regulated by the Federation of Chilean Rodeo. In 1986, the National Federation of Rodeos and Huaso Clubs of Chile ("Federación Nacional de Rodeos y Clubes de Huasos de Chile") is founded to regulate, to a certain degree, the "labor rodeos" (rodeo tournaments not recognized by the Olympic Committee).