NTRA Capitol Hill Reports

Members of the Thoroughbred industry investing in their businesses in 2012 may be able to benefit from the two investment incentives described below. Each of these is the result of [...]

Winning bettors paid some $1 million in federal taxes on their winnings on Kentucky Derby day. Under current law, bettors experience automatic federal withholding on pari-mutuel winnings of $5,000 or [...]

U.S. Representative Ted Deutch (D-FL) District:  19th in southeastern Florida – home to both the Palm Beach Downs and Palm Meadows Training Centers. Experience:  Congressman Deutch was elected to his first [...]

U.S. Representative Ted Deutch (D-FL) District:  19th in southeastern Florida – home to both the Palm Beach Downs and Palm Meadows Training Centers. Experience:  Congressman Deutch was elected to his first [...]

Official notice has been issued of a Congressional hearing on Monday, April 30 to consider jockey and equine welfare issues in the horse racing industry. The U.S. House of Representatives [...]

Employers who use the H-2B visa temporary guest worker program will be required to follow new procedures starting on Monday, April 23, 2012. These changes are the result of a [...]

Members of the Thoroughbred industry investing in their businesses in 2012 may be able to benefit from the two incentives described below.  Each of these is the result of legislation [...]

A Senate Appropriations Subcommittee recently held a hearing on the fiscal year 2013 Department of Labor (DOL) budget request. One of several topics discussed was the new program rule changes [...]

Congress passed legislation in 2010 that offers members of the Thoroughbred industry significant investment incentives for 2010 and 2011: Increased Bonus Depreciation 100% bonus depreciation in place Applies to horses, farm equipment [...]