Fifth-period breeder, owner, and stallion-owner checks (for November and December 2010) were mailed out Feb. 3rd. These checks will reflect the 50% withholding imposed from July 1 on, and the 30% withholding imposed for the first half of 2010. In March, the Fund will be able to send out all withholdings taken during 2010. As…
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Executive Director's Notes
Good New$ for Breeder$ About Withholding$ of 2010 and 2009 from Executive Director Tracy Egan
The Breeding Fund is pleased to inform the state’s breeders, owners, and stallion owners that they will receive 100% of the withholdings for 2010. Now that we have a good idea what our final revenue figures will be for 2010, we have determined that there are sufficient funds to pay every penny that was held…
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Goods News About 2010 Awards by Exec. Director Tracy Egan
Dear Breeders, Owners and Stallion Owners: The NYS Thoroughbred Breeding and Development Fund Corporation has some very good news for you. The Fund will be able to pay out 100% of the withholdings on your 2010 earning. Yes, the 30% withholding placed on awards for the entire year, as well as the special 20% withholding…
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Snow Whites Out Aqueduct
OZONE PARK, N.Y. – Due to anticipated snow, Aqueduct Racetrack will not have live racing on Thursday, January 27. Aqueduct and the Belmont Café will be open for simulcasting, and NYRA Rewards Telebet and Internet wagering will both be available as well. There is no charge for admission or general parking at Aqueduct for either…
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Now Microchip Your Horses for Le$$ by Exec. Director Tracy Egan
The American Jockey Club just slashed the price for microchips for your horses by half! For just $10 per unit, you can outfit your horse with a device that will help you track him/her for life. Just as you microchip your beloved dog as insurance against the day he is lost or stolen, you can…
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Breeders’ Alert
The Breeding Fund wants to remind New York breeders that when selecting a stallion for their mare, they should make sure that the stallion is registered with the NY Thoroughbred Breeding and Development Fund. If the Stallion stands at a farm in NY but is NOT registered with us, the foal will not be eligible to…
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A Year-End Message from Executive Director Tracy Egan
The Jockey Club is reminding breeders to NAME THEIR FOALS of 2009 so they don’t have to pay a $75 late fee to select a name. TIP: Check the recently released names page at the Jockey Club website; chances are you’ll find a name you like and the Jockey Club will approve. Sure, every once…
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There is a Santa, and He Has a Gift for Race Horse Owners
Merry Christmas and Happy Holidays. The slant on this article is that a tax break for race horse ownership is a negative, but many would argue that the thoroughbred business has been tremendously damaged by the recession and that Kentucky Senator Mitch McConnell is trying to help it get back on its feet. By STEVE…
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Stallion Registrations Update from Executive Director Tracy Egan
As of noon on Dec. 23rd, the Fund has received 58 stallion nominations for the 2011 breeding season. Nineteen of those stallions are new to the state! The deadline for registering your stallion for just $250 is December 31st. After that, you may pay $500 to register a stallion by February 15th, 2011.
NYC OTB Sets Aside Money
To All Breeders, Owners and Stallion Owners: Late this afternoon, NYC OTB alerted us that it will be sending a final check to the New York State Thoroughbred Breeding and Development Fund in the amount of $1,043,000. That amount is about $500,000 less than we expected to be repaid, and represents about 90% of what…
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