H-2B Bill Addresses Annual Cap, Wage Methodology And Other Concerns
Congressman Andy Harris (R-MD) recently introduced H.R. 4238 to amend the Immigration and Nationality Act that provides requirements for employers of H-2B nonimmigrant workers and is the basic body of immigration law. Rep. Harris’ bill [...]
NTRA Recognizes Legislative Supporters
The NTRA thanks those industry members and partners who supported the NTRA’s federal legislative fundraising effort in 2013. More than 700 individuals, farms and racing partnerships contributed an amount to the ¼% Check-off and Foal [...]
Comprehensive Immigration Reform Legislation Unlikely In 2014
The likelihood of comprehensive immigration reform legislation being passed this year by Congress has lessened, following comments made last week by House Speaker John Boehner (R-OH). Speaker Boehner made it clear that House Republicans are [...]
Farm Bill Impact on Horse Industry
The multi-year farm bill, passed earlier this week by the Senate and last week by the House of Representatives, includes provisions that will benefit those in the Thoroughbred racing and breeding industry. Specifically, international marketing, [...]
Congress Set to Vote on 2014 Farm Bill
Congress is expected to vote this week on the Agricultural Act of 2014, the most recent version of a five-year farm bill. This 959 page bill reforms the nation’s farm policy, consolidates duplicative and overlapping [...]
Important Changes to Depreciation Rules and Investment Incentives
Favorable depreciation rules and other investment incentives important to the horse racing and breeding industry expired at the end of 2013. The fate of these expired tax provisions in 2014 may be determined by the [...]