Kentucky Advances Equine Tax Break Bill
February 10, 2016 Blood-Horse Staff A bill that would provide a tax break for Kentucky's horse industry advanced Feb. 10, when the Kentucky House Agriculture Committee unanimously approved HB 112. [...]
Industry Makes Its Case Against Decoupling
February 9, 2016 Tom LaMarra, Blood-Horse Florida horse racing and breeding interests made their case against decoupling Feb. 9 during a House Regulatory Affairs Committee meeting, but lawmakers voted to [...]
NY Legislation Would Halt OTB Casino Plans
February 3, 2016 Tom Precious, Blood-Horse A New York lawmaker, sharply critical of the Nassau Off-Track Betting Corp. bid to try to locate a casino at Belmont Park racetrack, has [...]
Congress Passes Three-Year Tax Depreciation for Racehorses, Other Incentives
LEXINGTON, Ky. (Friday, December 18, 2015) – Important tax incentives for horse owners – including a key provision that extends three-year tax depreciation for all racehorses through 2016 – were passed [...]
Congress Passes H-2B Visa Improvements Backed by NTRA
LEXINGTON, Ky. (Friday, December 18, 2015) – Provisions backed by the National Thoroughbred Racing Association (NTRA) that offer relief for H-2B visa employers such as horse trainers were approved by Congress [...]
President Enacts Bills That Benefit Racing
LEXINGTON, Ky. (Friday, December 18, 2015) – President Obama this afternoon signed into law H.R. 2029, which includes the Protecting Americans from Tax Hikes (PATH) Act of 2015 and the [...]
H-2b Visa Improvements Backed by NTRA Among Budget, Tax Reforms Expected to be Passed by Year’s End
LEXINGTON, Ky. (Thursday, December 17, 2015) – Provisions backed by the National Thoroughbred Racing Association (NTRA) that offer relief for H-2B visa employers such as horse trainers are included in [...]
Three-Year Tax Depreciation for Racehorses, Other Incentives Poised for Multi-Year Extension by Congress
LEXINGTON, Ky. (Wednesday, December 16, 2015) – Important tax incentives for horse owners including a key provision that extends three-year tax depreciation for all racehorses through 2016 were finalized late [...]
Historical Racing Rules Survive in Texas
December 15, 2015 Eric Mitchell, Blood-Horse Rules created to establish historical racing in Texas remain intact after the state's racing commission took its second vote in four months to repeal [...]
Massachusetts Slots Referendum Progresses
December 3, 2015 by Lynne Snierson, Blood-Horse A ballot question that would allow a slot machine parlor near Suffolk Downs has cleared a hurdle and could appear on the statewide [...]