Legislation

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Is Racing Using Its Slots Money Wisely?

Is Racing Using Its Slots Money Wisely?

As hundreds of millions of dollars in revenue from slot machines flows to horse racing, there is growing sentiment that perhaps the racing industry is failing to capitalize on the new wealth by solely pumping money into purses and breed development programs.

Bill Calls for Handle, Injury Reports

Legislation that would require racetracks to submit detailed daily reports on pari-mutuel handle and attendance, and various parties to submit racehorse injury reports, has been pre-filed for the 2009 session of the Kentucky General Assembly.

NTRA to Seek Commitments on Reform Plan

NTRA to Seek Commitments on Reform Plan

Support for a proposed national strategic plan for equine welfare and safety and other reforms will be sought Sept. 12 when the National Thoroughbred Racing Association brings together industry representatives for discussion and -- it hopes -- commitment to action.

Bill to Bag Withholding Tax Introduced

Legislation that would eliminate the automatic 25% federal withholding on pari-mutuel winnings of $5,000 or more on wagers of at least 300-1 was introduced in the U.S. House of Representatives July 29.

Texas HORSE Seeks Support, Legislation

Texas Thoroughbred Association executive director David Hooper addressed the Greater Houston Horse Council July 21 in an effort to garner support for a new breed coalition, Texas Horse Organizations for Racing, Showing and Eventing, which is known as Texas HORSE.

Challenges for Kentucky Not Going Away

The bipartisan Joint Subcommittee on Horse Farming, which meets periodically when the Kentucky General Assembly isn't in session, has made strides in educating lawmakers on the importance and scope of Kentucky's horse industry. And the challenges for the industry won't go away.

Hearing Shows Racing at Critical Point

Hearing Shows Racing at Critical Point

Drugged equines, grisly catastrophic breakdowns, greedy breeders, damaged racehorses with nowhere to go, inaction and confusion, and industry leaders more concerned with holding onto power than doing the right thing -- a congressional subcommittee heard it all June 19 during a hearing in Washington, D.C.

Equine Equity Act Now Law

Equine Equity Act Now Law

Members of the U.S. Senate and the U.S. House of Representatives voted May 22 to override a presidential veto of the 2007 Farm Bill exercised by George W. Bush. As a result, the 2007 Farm Bill is now law and it includes the Equine Equity Act, a provision that amends the depreciation schedule for racehorses to a uniform three years.

Officials: Don't Discount Welfare Groups

Officials: Don't Discount Welfare Groups

Though their views and actions may at times be considered extreme and bizarre by some, animal rights and welfare groups have a large constituency, have proven effective at making their point, and shouldn't be disregarded when they seize on an issue, officials said.

Pols Reluctant to Tackle Pricing

The question of whether state legislators should become more involved in pari-mutuel pricing and distribution continues to be asked, and at this point, there doesn't appear to be an answer--at least a definitive one.

U.S. Senate Approves Farm Bill

The United States Senate passed its version of the Farm Bill Dec. 14 by a vote of 79 to 14. Included in the legislation is the Equine Equity Act, which would reduce the capital gains holding period for horses from two years to one and accelerate and make uniform the depreciation for racehorses over a three-year period.

Ohio Forms KEEP-Like Coalition

The Ohio horse industry, in an effort to make its voice heard around the Buckeye State, has formed a coalition similar to the Kentucky Equine Education Project, a horse industry advocacy group in Kentucky.

Task Force Recommendations Draw Praise, Criticism

Task Force Recommendations Draw Praise, Criticism

Preliminary recommendations aimed at self-regulation for the equine auction industry were unveiled by the Sales Integrity Task Force during a public forum held at the Keeneland sales pavilion Oct. 15, but the driving force behind Kentucky legislation seeking reform in the public selling arena quickly voiced displeasure with the suggestions.

Calif. Racing Board Bill Tabled Until 2008

A legislative attempt to limit the number of horse owners who can serve on the California Horse Racing Board won't become law this year. The measure was left on the state Assembly floor without a vote as the 2007 legislative session came to an end.

Immigration Bill Survives Senate Vote

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The United States Senate voted June 26 to revive broad legislation to overhaul the country's immigration system. The measure was thought to be dead earlier in the month.

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