Kentucky legislators said tax relief for the horse industry and dedicated funding for the Kentucky Horse Racing Authority will be prominent issues when the state General Assembly convenes in 2008.
While the Kentucky Equine Education Project continues to lobby for legislation that would remove the sales tax on equine feed and supplies in Kentucky, a decision is pending in regard to whether the organization will again push for casino gambling at racetracks in 2008.
The Kentucky Equine Education Project is pushing legislation that would remove the sales tax on equine feed and supplies in the state.
The short length of the 2007 General Assembly session in Kentucky may be the biggest hurdle tax relief for the horse industry will face. Additionally, there is a gubernatorial election, and during off year sessions, tax issues must be passed with a two-thirds supermajority.
Tax relief for the horse industry, not racetrack gaming, will be the focus of the Kentucky Equine Education Project during the 2007 General Assembly session, according to the chairman of the organization.
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