Legislation

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KEEP Sets Date to Unveil 'Legislative Initiative'

The Kentucky Equine Education Project will unveil what it calls a "bold legislative initiative aimed at increasing the state's revenue for critical services without a broad-based tax increase" Sept. 16 on the steps of the State Capitol in Frankfort.

Capitol Hill Becomes NTRA's Big Selling Point

Capitol Hill Becomes NTRA's Big Selling Point

The National Thoroughbred Racing Association's ongoing efforts in Washington, D.C. have become the major carrot as the organization seeks to sign up horsemen's associations for five-year memberships effective in 2006.

NTRA Sees Hope for Legislative Initiatives

The Thoroughbred industry, bolstered by the efforts of its political action committee, has a decent chance to get key legislation passed in Washington, D.C., officials with the National Thoroughbred Racing Association said.

Economic Impact Study to Have More Detail

With a large increase in the number of horse owners that supplied information, a new economic impact study for the horse industry, the first in almost 10 years, is expected to be more statistically reliable than its 1996 counterpart.

Breed Development Plan Gains in Kentucky

Breed Development Plan Gains in Kentucky

Language that would authorize two breed development funds and eliminate a tax on the sale of yearlings and 2-year-olds in Kentucky has been delivered to Republican Gov. Ernie Fletcher for possible inclusion in a tax modernization plan that could be unveiled in early February.

Elimination of Withholding Tax Becomes Law

The Foreign Sales Corporation bill, which includes a provision to strike the 30% withholding tax charged to foreigners for winnings on United States races, was signed into law Oct. 22 by President Bush.

Conference on Industry-Related Bill Moves Closer

The United States Senate on July 15 agreed by voice vote to send the foreign sales corporation bill, which includes provisions to eliminate the 30% withholding tax on winnings by foreign bettors and reduce the capital gains holding period for horses from two years to one, to conference.

Senate Passes Tax Bill Favorable to Horse Industry

The U.S. Senate passed an international tax bill that includes two provisions that are favorable for the horse industry. The first is the clarification that the 30% alien withholding provision does not apply to nonresident aliens wagering in foreign countries; the second is a reduction in the holding period for horses to qualify for capitol gains treatment from 24 months to 12 months.

Iowa House OKs Table Games for Racetracks

Prairie Meadows and two Greyhound tracks will be permitted to offer table games under Iowa legislation that bans new gaming licenses in counties where they aren't currently in place.

Kentucky Racing Authority Measure Passes Senate

Legislation to establish the Kentucky Horse Racing Authority and move it under the Environmental and Public Protection Cabinet was passed by the state Senate Feb. 24 and sent to the House of Representatives for consideration.

Bill Would Increase Subsidy to Indiana Racetracks

Indiana's horse racing industry may have another opportunity to secure more financial stability. An amendment introduced and passed in the Senate Finance Committee Feb. 19 would increase the annual subsidy to the industry from $27 million to $44 million. It goes to the full Senate for consideration.

Indiana Racetrack Gaming Bill Clears Committee

A bill that would allow electronic pull-tab machines at Indiana racetracks and two satellite wagering facilities crossed a second hurdle Jan. 21. The House Ways and Means committee approved the legislation by a 17-10 vote and sent it along for consideration by the full House.

Ohio Senate OKs VLT Ballot Question for 2004

The Ohio Senate on Oct. 15 took a major step in approving video lottery terminals for the state's seven racetracks. The Senate, by 24-9 vote, approved a bill that would put the issue of VLTs before the public in the March 2, 2004 primary.

Bill Seeks Takeout Hike to Cover Workers' Comp Costs

Legislation introduced by a California assemblyman would increase the pari-mutuel takeout on exotics wagers in Thoroughbred races by 0.5% to raise money to cover some workers' compensation costs. Quarter Horse and Standardbred takeout also would be increased to cover costs.

House Delays Vote on Internet Gambling Bill

The House of Representatives Tuesday tabled its scheduled vote on the latest version of the Unlawful Internet Gambling Funding Prohibition Act, which included an exemption for horse racing and other state-regulated gambling activities.

Racetrack Gaming Measure Passes Michigan House

Legislation to allow electronic gaming at Michigan racetracks was approved by the state House of Representatives May 22, just two days after the release of a poll that indicated the public overwhelmingly disapproves of the prospect.

Texas Horsemen's Group Urges Support for VLTs

The Texas Horsemen's Partnership has asked its 5,000 members to send e-mail or letters to Gov. Rick Perry and state legislators asking them to support a bill that would legalize video lottery terminals at the 10 licensed horse and dog tracks in the state.

House Bill Calls for Elimination of Withholding Tax

House Bill Calls for Elimination of Withholding Tax

A provision to eliminate the 30% withholding tax on foreigners who wager on pari-mutuel racing in the United States is part of a broad military tax-break bill scheduled to be addressed March 6 by the U.S. House of Representatives.

Changes Can Give NTRA More Political Punch

The National Thoroughbred Racing Association has reorganized its political and fund-raising initiatives into two operations: the NTRA Legislative Action Campaign and the NTRA Political Action Committee.

Bill Calls for Washington Panel to be Abolished

Legislation to abolish the Washington Horse Racing Commission and divide its responsibilities between the gambling commission and the state Department of Agriculture has been filed in the state Senate.

N.Y. Bill Makes Tampering With Wagers a Felony

N.Y. Bill Makes Tampering With Wagers a Felony

A legislator has proposed that New York law should be tightened to create a felony that specifically outlaws tampering with pari-mutuel bets and wagering systems. The bill, sponsored by Assembly racing committee chairman Alexander Gromack of Rockland County, comes in the aftermath of the Breeders' Cup Ultra Pick 6 betting probe.

Agreement in New Jersey: Tracks Need Slot Machines

A hearing Sept. 19 by the New Jersey Assembly Tourism and Gaming Committee produced a rare show of unity between Thoroughbred and Standardbred horsemen as representatives from each testified in favor of legislation that would allow slot machines at four New Jersey racetracks.

Bill Diverts Funds for Workers' Comp Insurance

California horsemen and racetracks could create a workers' compensation insurance fund with purse money diverted from marketing programs as well as their vanning and stabling program under legislation headed for the state Senate.

Trainer-Representation Bill Clears California Committee

Trainers in California who own horses will occupy three seats on the board of directors of the organization that represents Thoroughbred owners under an agreement hammered out shortly before a state Senate committee hearing on the issue June 25.

NTRA: Legislation 'Fundamentally Flawed and Unfair'

NTRA: Legislation 'Fundamentally Flawed and Unfair'

The National Thoroughbred Racing Association, in a statement released June 21, said the reworked "Combatting Illegal Gambling Reform and Modernization Act" is "fundamentally flawed and unfair," and it also said it plans to discuss the ramifications of a move by Citibank to ban use of credit cards for online wagering.

New York Racing Laws Extended; More Debate Set

A series of racing laws in New York have been extended by state lawmakers, who failed, however, to act on several other items from an industry wish list involving video lottery terminals and off-track betting corporations.

Bill Would Let Trainers Join Owners' Organization

Negotiations that would allow trainers who also own racehorses to join the Thoroughbred Owners of California are in progress. A state Assembly bill authorizing such a membership change is nearing a committee hearing as well.

Internet Gambling Bill Still Awaits Committee Action

The "Combating Illegal Gambling Reform and Modernization Act" failed to come up for discussion by the House Judiciary Committee June 6 because the committee failed to meet. The measure, sponsored by Virginia Rep. Bob Goodlatte of Virginia, could be on the table for "mark up" again the week of June 10.

AGA Endorses Gambling-Reform Bill; Markup Continues

The American Gaming Association has endorsed the "Combating Illegal Gambling Reform and Modernization Act" because its sponsor, Rep. Bob Goodlatte of Virginia, made changes at the organization's request.

Kentucky Legislation Authorizes Wagering Hubs

Legislation introduced March 4 in the Kentucky House of Representatives would permit multi-jurisdictional simulcasting and interstate wagering hubs in the state. Licenses would be available to facilities that conduct live racing in Kentucky.

Racing Caucus Plans First Meeting of 2002

The congressional caucus for the horse racing industry was scheduled to hold its first meeting of the year March 6 in Washington, D.C. Among the issues on the table is the 2001 Farm Bill, which was in conference committee as of March 4.

Virginia Racing Legislation Clears Another Hurdle

Broad-based legislation on racing issues passed the House of Delegates General Laws Committee Feb. 28 after two sets of amendments were discussed. The bill patroned by Sen. Kenneth Stolle passed with a 16-3 vote late in the afternoon.

Kentucky Horsemen Briefed on Gaming Legislation

Kentucky horsemen were urged Feb. 27 to participate in a grass-roots campaign to contact legislators and urge them to support legislation that would authorize electronic gaming devices at the state's eight racetracks. The bill was introduced in the House of Representatives Feb. 26.

Indiana House OKs Expanded-Gaming Legislation

The Indiana House passed legislation Feb. 26 that allows for dockside gaming at riverboat casinos, and pull-tab machines in the state. Lawmakers approved the Senate bill by a 55-43 margin.

Kentucky Gaming Bill Introduced; Huge Purse Projections

Legislation that would authorize electronic gaming devices at eight Kentucky racetracks--and presumably generate $1.7 billion in revenue for the state over six years--was introduced in the House of Representatives Feb. 26. The 177-page document is said to have support in the House, but serious hurdles may loom in the Senate.

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