Kentucky equine-industry participants and supporters got the chance to emphasize the important impact horses have on the state and local economies during visits with state legislators on Wednesday's KEEP Day in Frankfort.
The Kentucky Thoroughbred Breeders' Incentive Fund accumulated $10.36 million from the state's 6% sales tax on stallion fees for fiscal 2016 and expects the number of mares registered to the program to be similar to that of fiscal 2015.
The Kentucky Thoroughbred Breeders' Incentive Fund paid out more than $10.5 million to eligible horses based on 2015 races, and the number of mares nominated to the program continues to increase.
The early, low-cost nomination deadline for eligibility to the Kentucky Thoroughbred Breeders' Incentive Fund is Aug. 15, the Kentucky Horse Racing Commission said Aug. 7.
The Kentucky Thoroughbred Breeders' Incentive Fund Advisory Committee has proposed amendments to regulations that would in part allow mares entered in public auctions outside the state to leave for a period of time.
The advisory committee for the Kentucky Thoroughbred Breeders' Incentive Fund said Oct. 10 it plans to examine the structure of the program as it relates to the percentage of fund participants that contribute revenue.
The Kentucky Breeders' Incentive Fund mare registration deadline has been extended to Sept. 15.
Stuart S. Janney III and Phipps Stables, who bred and race Kentucky Derby Presented by Yum! Brands (gr. I) winner Orb, will receive an additional $50,000 bonus as a result of the colt's May 4 victory.
Wagering on historical races in Kentucky generated more than $3.8 million for purses and the state Thoroughbred Development Fund from September 2011 through December 2012.
The schedule shifts September racing dates from Turfway Park in Northern Kentucky to Churchill in Louisville. February will offer just four race dates in the state, at Turfway Park.
The Kentucky Thoroughbred Breeders' Incentive Fund had more than 8,000 mares registered by the Aug. 15 deadline, about the same number as last year.
The Kentucky Horse Racing Commission has announced the distribution of more than $12.8 million in Kentucky Breeders' Incentive Fund awards.
The Kentucky Horse Racing Commission announced Feb. 18 that the Kentucky Breeders' Incentive Fund will distribute $10 million in awards to 1,398 breeders of winning horses in eligible races around the world in 2010.
A Kentucky Horse Racing Commission committee is considering changes to the state's Breeders' Incentive Fund, money for which comes from a 6% sales tax on stud fees.
The Kentucky Breeders Incentive Fund could be reduced by 30% because of declining revenue, while horse farms "can't withstand another year like 2009," Kentucky lawmakers were told Nov. 10 during a meeting of the Joint Subcommittee on Horse Farming.
The Kentucky Horse Racing Commission announced March 27 the Kentucky Breeders' Incentive Fund will distribute more than $18.7 million in awards for 2008.
Republican Sen. Damon Thayer announced Feb. 8 award amounts for the 2007 Kentucky Breeders' Incentive Fund.
- By Esther Marr
More than $12 million will be awarded to Thoroughbred breeders through the Kentucky Breeders' Incentive Fund.
The registration deadline for the new Kentucky Thoroughbred Breeders' Incentive Fund is Aug. 1. Breeders may register online by going to the Kentucky Horse Racing Authority Web site and clicking on Breeders' Incentive Fund. The registration fee is $60.
A Kentucky Horse Racing Authority subcommittee has proposed a state, national, and bonus component for the state's new breeders incentive program based on mare residency.
An economic study supports a nationwide/international breeders incentive program that would reward breeders of Kentucky-breds that win a maiden special weight race anywhere in the nation or world.
Three Kentucky horse industry groups have agreed to finance an economic impact study to help determine how a new state breeders incentive fun should be crafted.
Members of the Kentucky Thoroughbred Farm Managers Club overwhelmingly favor a state breeders' incentive program that would reward breeders of Kentucky-bred and Kentucky-foaled horses that win anywhere in the world.
Jim Gallagher, executive director of the Kentucky Horse Racing Authority, told members of the Kentucky Thoroughbred Farm Managers Club April 5 to voice their collective opinion on how the Kentucky Breeders' Incentive monies should be divided.
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