Congressional Calendar Impacts Legislative Progress
The time remaining in the 2nd session of the 113th Congress is perhaps the biggest challenge facing lawmakers this mid-term election year. Congress will be in session for only the last few days of July [...]
Update on Expired Tax Incentives for Horse Industry
Several tax incentives important to horse owners expired at the end of 2013 and are under consideration by Congress to be retroactively extended. These incentives apply to qualified depreciable property, including horses and farm equipment. [...]
Horseplayer Tax Issue Requires Full Industry Participation – Sign Petition to Support
The NTRA and key members of Congress have delivered a letter to the Department of Treasury in support of an important tax reporting and withholding clarification for horseplayers. If you are one or more of [...]
Amendments Standoff Delays Progress of Senate Tax Extender Legislation
Progress on the EXPIRE Act (S. 2260), legislation that would extend expired or expiring tax provisions through 2015, has been delayed until at least next month, according to Senate Finance Committee Chairman Ron Wyden (D-OR). [...]
Featured Legislator: U.S. Representative Andy Barr (R-KY)
District: Kentucky’s 6th in Central and Eastern Kentucky – home to the city of Lexington, Keeneland, Fasig-Tipton and hundreds of Thoroughbred farms and industry-related businesses. Experience: Rep. Barr is serving his first term in the [...]
NTRA Legislative Annual Report Online
The 2013 NTRA Legislative annual report is now available online. Click here for the 14-page document that summarizes last year’s federal legislative activity and how the NTRA serves the industry on Capitol Hill. Highlights of [...]