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TOC News Article Archives

Statement From the NTRA on Passage of the Horseracing Integrity and Safety Act by the U.S. House of Representatives

“Today’s historic passage of the Horseracing Integrity and Safety Act (HISA) by the U.S. House of Representatives by an overwhelmingly favorable bipartisan vote reflects broad industry support for much-needed national standards for anti-doping and medication control as well as racetrack safety. Today’s action would not have been possible without the longtime support of Representatives Paul … Read more

Three-Year Racehorse Depreciation Signed Into Law by President

A key provision that extends three-year tax depreciation for all racehorses through 2020 was signed into law by the President late Friday. The racehorse provision, which received bi-partisan support within both Houses of Congress, was passed by the Senate on Thursday by a vote of 71-23 and passed by the House of Representatives on Tuesday … Read more

NTRA Advantage Surpasses $1 Billion in Sales Industry Savings Estimated at $180 Million and Counting

LEXINGTON, Ky. (December 10, 2019)—NTRA Advantage, the equine purchasing program available to member organizations, individuals and affiliates, has surpassed the billion-dollar threshold in sales, the NTRA announced today. Advantage sales have resulted in an estimated $180 million in savings to industry stakeholders and individual customers since the program’s inception on 2002. The majority of sales … Read more

Department of Homeland Security to Accept Petitions for 30,000 Additional H-2B Visas Beginning May 8

Lexington, Ky. (May 6, 2019) — The Department of Homeland Security (DHS) announced today that it will begin accepting petitions on Wednesday, May 8 for 30,000 additional H-2B visas restricted to returning workers for Fiscal Year (FY) 2019.  Rules set to be published in Wednesday’s Federal  Register include the following language. “Starting on the expected date of May 8, 2019, eligible petitioners seeking additional … Read more

TOC Supports New H-2C Visa Program

At the request of the NTRA, TOC has added its name to the growing list of industry organizations supporting the Agricultural Guest Worker Act of 2018, which would streamline the current visa program for temporary agricultural workers. The legislation is sponsored by longtime friend of horseracing and breeding Rep. Bob Goodlatte. Importantly, the proposed legislation … Read more