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Congress passes spending plan that includes HISA, depreciation extension
The United States House of Representatives and Senate the evening of Dec. 21 passed a $1.4 trillion spending package includes the Horseracing Integrity and Safety Act of 2020 and an extension of a racehorse tax depreciation schedule.
Early in the morning of Dec. 22, federal lawmakers also passed a $900 billion COVID-19 relief bill that includes provisions that could benefit the horse racing and breeding industry. The programs are similar to those that were established in the spring of 2020 to offer financial aid to individuals and businesses impacted by the virus.
Latest Posts
The Thoroughbred Horsemen’s Association (THA) will host an important Backstretch Workforce Topics Webinar on Monday, September 29 at 11:00 a.m. This timely session will focus on I-9 audits, legal risks, and workforce enforcement issues that directly affect employers in the racing industry.
During its open Board meeting held on September 9, 2025, the Maryland Thoroughbred Horsemen’s Association (MTHA) Board of Directors unanimously approved the attached stakes schedule for November and December 2025.
