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 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 Thoroughbred Breeders' Incentive Fund had more than 8,000 mares registered by the Aug. 15 deadline, about the same number as last year.
Changes to regulations governing the Kentucky Thoroughbred Breeders' Incentive Fund, including a greatly reduced late fee, took effect Nov. 4, state officials said.
The Kentucky Horse Racing Commission has approved comprehensive changes to the Kentucky Thoroughbred Breeders' Incentive Fund.
A committee that advises the Kentucky Horse Racing Commission on its breeders' incentive program met again Jan. 25 and approved three additional recommendations for ways in which the program should be changed.
A panel of the Kentucky Horse Racing Commission looking into possible changes in the state's breeders' incentive fund met again Nov. 22 and discussed various options but came to no solid conclusions.
Jamie Eads, a Lexington native with extensive experience in the Thoroughbred industry, has been appointed director of breeders' incentives for the Kentucky Horse Racing Commission.
The sixth annual NTRA Charities/Kentucky Derby Museum Golf Classic will take place at the Valhalla Golf Club May 1 in Louisville.
The National Thoroughbred Racing Association has hired Joe Clabes as director of industry relations and Jamie Eads as industry programs coordinator.
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