20192019Legislative Legislative Annual ReportAnnual Report

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LETTER FROM NTRADear Supporters,

Thank you for making 2019 the most successful fundraising year of the Legislative Action Campaign (LAC) in more than a decade. Your financial support of the NTRA’s federal legislative work, through the ¼% Check-off Program and other LAC programs, allows our team in Washington, DC, to continue to deliver successes for the horse racing and breeding industry.

Current federal legislative activity is dominated by economic relief legislation related to the COVID-19 pandemic and its human, social, and economic toll on the United States. The NTRA team has been active representing the industry during the legislative process and in helping various industry businesses understand how this legislation can benefit them during this difficult time.

The 2019 NTRA Legislative Action Campaign Annual Report includes details on this year’s aforementioned economic relief legislation and other legislation from 2019 that impacts the industry. Specifically, the NTRA focused on the return of three-year racehorse depreciation for all racehorses, the expansion of sports betting, credit card acceptance of Advance Deposit Wagering (ADW) transactions, consensus-building for nationwide anti-doping and medication control, and immigration issues.

I encourage you to share this report with others who have an interest in horse racing and breeding and in helping the NTRA advance the federal legislative needs of the industry.

With Appreciation,

Joe Bacigalupo

Senior Director of Government Relations & Membership Development

NTRA MISSION STATEMENTThe NTRA is a broad-based coalition of horseplayers, racetrack operators, owners, breeders, trainers and affiliated associations committed to increasing the welfare, integrity and popularity of Thoroughbred racing through consensus-based leadership, safety and integrity initiatives, legislative advocacy, corporate partner development and fan engagement.

TABLE OF CONTENTS

Letter from NTRA . . . . . . . . . . . . . . . . . . . . . . . 1

2020 Legislative/Regulatory Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-3

2019 Contributors . . . . . . . . . . . . . . . . . . . . . . .5

Sale Company Partners . . . . . . . . . . . . . . . .9

NTRA Check-off Program Video . . . . . . .10

Contributor Benefits . . . . . . . . . . . . . . . . . . . 11

Federal Legislative Strategy . . . . . . . . . . . 12

Frequently Asked Questions . . . . . . . . . .13

Comparison of NTRA Fundraising Programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14

Industry Recognition . . . . . . . . . . . . . . . . . .15

©ALEX EVERS/ECLIPSE SPORTSWIRE

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LEGISLATIVE SUMMARYAs the trade association for the Thoroughbred industry, NTRA focuses its lobbying on legislation having a direct material effect on its members and their business activities as they relate to horse racing, breeding and pari-mutuel wagering. With the American Horse Council (AHC), the NTRA also supports Congressional education programs on issues such as agricultural matters and immigration, which affect the horse industry as a whole.

Certainly, the COVID-19 pandemic has and will continue to affect Congressional activity this year. The NTRA remains focused on the industry’s concerns described below, while we also advocate for horse racing and breeding in legislation related to economic relief for individuals and businesses affected by the pandemic. The following is a summary of the major legislative issues for the industry in the second half of the 2019/2020 Congress.

Coronavirus – Economic Relief LegislationIn March and early April 2020, Congress began to grapple with the economic fallout from the coronavirus pandemic and quickly passed legislation described below. The NTRA developed a microsite (ntra.com/covid-19) dedicated to related information and will continue to provide guidance as to how individuals and employers in horse racing are affected.

The Coronavirus Preparedness Response and Supplemental Appropriations Act allows $1 billion in loan subsidies to be made available to help small businesses, small agricultural cooperatives and non-profit organizations which have been impacted by financial losses as a result of the coronavirus.

The Families First Coronavirus Response Act provides paid leave, establishes free testing, protects public health workers and provides important benefits to children and families for those impacted by the coronavirus. Protections for the employers of affected workers also are included in the legislation in the form of tax credits to offset the costs of providing emergency sick leave.

The Coronavirus Aid, Relief, and Economic Security Act or CARES Act, provides an economic relief package valued at $2 trillion. The bill provides direct payments to many Americans, including individuals and couples; $130 billion to hospitals that are seeing their resources stretched to the brink and beyond in their battle to combat the coronavirus, $500 billion for corporations; $367 billion for small businesses; $150 billion in aid for local and state governments; and billions of dollars in extended unemployment benefits for furloughed workers.

With this crisis continuing unabated, Congress passed a fourth emergency bill in April 2020. This new law addresses various technical corrections and provides coverage for certain economic sectors not previously helped. The NTRA was successful in making our case at the federal level for horse racing and breeding, a $36.6 billion industry that accounts nationwide for nearly half a million jobs and has been adversely impacted with racetrack and casino closures, the postponement of equine sales, and other negative economic events necessitated by federal, state and local leaders. Farms with 500 or fewer employees whose primary activity is breeding horses are now eligible to apply for a separate Economic Injury Disaster Loan (EIDL) program. The new law also provides $310 billion to replenish the Paycheck Protection Program (PPP) for small businesses, which was oversubscribed. The additional appropriation will allow financial institutions to make additional forgivable loans to eligible small businesses in order to keep employees on the payroll for eight weeks.

Separately, the Treasury and Small Business Administration (SBA) released updated interim final rules that contain a key clarification that will provide essential relief to racetracks and other businesses that rely on gambling income and otherwise qualify for an SBA loan. Under the new rules, businesses that receive legal gambling income are eligible to apply for the PPP loan forgiveness program.

Future emergency bills may be considered as the economic fallout from the COVID-19 pandemic dictates.

Three-year Depreciation of Racehorses – Matching Deductions with IncomeIn the 2008 Farm Bill, NTRA secured a provision that allowed for the uniform and accelerated depreciation of Thoroughbreds. The provision subsequently carried forward in the 2015 Protecting Americans from Tax Hikes (PATH) Act, which extended three-year tax depreciation for all racehorses through 2016. That provision, along with dozens of others, was extended to 2017 on February 8, 2018, when President Trump signed into law the Bipartisan Budget Act, a bill that among other measures extended uniform three-year racehorse depreciation retroactively for 2017.

Unfortunately, Congress did not renew three-year depreciation for 2018 as part of the Tax Cuts and Jobs Act (TCJA) passed in December 2017, which meant a seven-year schedule would now apply to yearlings in some cases. The TCJA did include 100% bonus depreciation and a $1 million Section 179 expense allowance for qualified depreciable property, two important

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investment incentives that lessened the need for three-year depreciation in many cases. However, three-year depreciation continues to be a beneficial option for many racehorse owners.

This is because many horse owners are not eligible for Section 179 expensing due to the net income requirement and choose to elect out of the 100% bonus depreciation. One of the main reasons to elect out of the bonus depreciation is to better match the deductions with corresponding income. A 3-year life (depreciated over a 4-year period) is more realistic for a horse’s racing career versus the 7-year life (8 years).

As we have done several times over the past few years, the NTRA, the AHC and many others representing diverse business, energy, transportation, real estate and agriculture sectors, sought a legislative vehicle to address expired or expiring tax provisions such as three-year depreciation. We asked that at a minimum, the House and Senate retroactively extend three-year depreciation through 2020 in order to minimize potentially severe disruptions to the 2018 and 2019 tax-filing season. We urged that action was warranted because uncertainty with regard to eventual congressional action on tax extenders was undermining the effectiveness of these incentives and stands as a needless barrier to additional job creation and economic growth in the private sector.

On December 20, 2019, President Trump signed into law the Taxpayer Certainty and Disaster Relief Act of 2019 (the “Act). The Act retroactively reinstated or extended several individual and business federal income tax provisions including three-year tax depreciation for all racehorses through the end of 2020.

Because three-year depreciation is important for horse racing, the NTRA will continue to advocate for passage of extenders in 2021 as we work toward a longer-term or permanent legislative resolution.

Sports Betting In May of 2018, the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) in the landmark Murphy v. National Collegiate Athletic Association (NCAA) decision. Previously, PASPA banned all but 4 state from legalizing sports gambling. Several states have acted quickly to implement sports gambling at the state level. At the federal level, during the final days of 2018, Sens. Orrin Hatch (R-UT) and Chuck Schumer (D-NY), introduced the “Sports Wagering Market Integrity Act of 2018,” a bill designed to grant significant federal control over sports betting nationwide. The proposal’s central feature is a provision giving the U.S. Department of Justice authority to approve or deny a state sports betting program.

While no sports betting legislation has been introduced in the 116th Congress, the NTRA continues to assess the potential threats and opportunities that such legislation would present and is engaged in conversations with its Congressional allies and other stakeholders, notably the American Gaming Association (AGA), which supported a full repeal of PASPA. We remain on the lookout for activity on Capitol Hill regarding this matter in 2020. The NTRA plans to be at the table as it has been on all previous Internet and sports betting issues for the past 15 years.

Credit Cards – ADW’s Lifeline EndangeredAfter the industry secured an amendment to the Interstate Horseracing Act (IHA) in 2000 to enable online wagering, advance deposit wagering (ADW) has grown to roughly $4 billion, accounting for almost 40 percent of U.S. pari-mutuel handle.

Since the latter half of 2017, our Congressional allies have met with representatives from four major credit card issuing banks who have disallowed ADW transactions on their cards, stressing the importance of the ADW sector and the economic significance of the equine industry.

In 2018, the NTRA announced that JPMorgan Chase & Co., the largest bank in the United States and the largest credit card issuer in the U.S. with more than 80 million active credit cardholder accounts, has begun approving credit card deposit transactions with U.S. licensed and regulated advance deposit wagering companies.

The decision by Chase to accept its cardholders’ account funding transactions with ADWs approved to use the industry’s 7802 merchant category code is believed to have had a significant and positive impact on overall U.S. pari-mutuel handle, particularly advance deposit wagering, which already is the fastest growing segment of the U.S. pari-mutuel wagering market.

NTRA and its allies on the Hill are using Chase’s leadership on this issue to convince other leading credit card issuing banks to accept these types of transactions. The NTRA will continue its advocacy efforts on behalf of industry ADWs in 2020. NTRA will also seek a legislative solution in the form of language to clarify that the Wie Act of 1961 (aimed at racketeering) does not apply to transactions made permissible by the IHA. Such an opportunity may present itself in any bills related to sports betting (see above).

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Horseracing Integrity Act – Reintroduced in the House and SenateA number of bills on racehorse medication have been introduced in the last several Congresses, though none has passed. In March of 2019, Rep. Paul Tonko (D-NY) and co-sponsor Rep. Andy Barr (R-KY) introduced medication-related legislation known as the Horseracing Integrity Act (HIA). The bill, designated as H.R. 1754 in this Congress, would create a private, independent horse racing anti-doping authority, the Horseracing Anti-Doping and Medication Control Authority (HADA), responsible for developing and administering a nationwide anti-doping and medication control program for horseracing. HADA would be governed by a board composed of six individuals from the United States Anti-Doping Agency, and USADA’s chief executive officer. The bill was referred to the House Energy and Commerce Committee. Rep. Jan Schakowsky (D-IL) is an original cosponsor of the bill. She is the Chairwoman of the House Energy and Commerce Subcommittee on Consumer Protection and Commerce. As expected, Rep. Schakowsky held a hearing on the bill in late January of 2020. The bill currently has more than 240 co-sponsors in the House. Meanwhile, S. 1820, a Senate companion to the Horseracing Integrity Act of 2019 also entitled the Horseracing Integrity Act of 2019, co-sponsored by Sen. Kirsten Gillibrand (D-NY) and Sen. Martha McSally (R-AZ), was introduced on June 6, 2019. The Senate version designated as S. 1820, closely tracks the House version and has been referred to the Senate Committee on Commerce, Science and Transportation. No further action has been taken on S. 1820 but the bill has attracted 24 Senate co-sponsors. While the NTRA is neutral on the bill, we are working with all industry stakeholders in an effort to find a consensus approach to nationwide anti-doping and medication control.

Immigration – H-2B Visa Caps are Too LowWhen domestic workers are unavailable, trainers and other industry participants use the H-2B temporary foreign worker visa program to hire grooms and other stable help. However, the H-2B visa program has an annual cap of only 66,000 visas nationally, which is woefully inadequate for the many industries like horse racing that need foreign workers to fill jobs that are not taken by U.S. citizens. There were temporary increases of 15,000 H-2B visas for qualified workers in both FY2017 (October 1 – September 30) and FY2018, and a temporary increase of 30,000 H-2B visas in FY2019 but all three have now lapsed. A similar returning worker exemption program ended in 2016.

The Fiscal Year (FY) 2020 Department of Homeland Security (DHS) funding bill authorized limited H-2B visa cap relief. The legislation gives DHS the authority, “in consultation with the Department of Labor” (DOL), to increase the H-2B visa cap for FY2019 to 130,716 (66,000 + 64,716 (the number of H-2B returning worker visas or H-2Rs issued in FY2007)).

This is the same language that was in effect for fiscal years 2017, 2018 and 2019. This amounts to a potential increase of about 65,000 more visas over the 66,000 annual, statutory cap. In both FY2017 and 2018, this provision resulted in the issuance of only 15,000 extra visas. In FY2019, this provision resulted in the issuance of 30,000 extra visas. None of these supplemental issuances provided flexibility for businesses strapped for temporary workers.

Through its involvement in the H-2B Workforce Coalition, a national consortium of business and industries that rely on immigrant labor, the NTRA and its allies focused efforts on the Administration and urged both DHS and DOL to release the full number of 69,000 authorized visas as soon as possible. On March 5, DHS Secretary Nielsen announced the allocation of an additional 35,000 H-2B visas for the remainder of fiscal year 2020 but once again placed some restrictions on those visas. On April 2, DHS announced that the related Temporary Final Rule was on hold due to the economic uncertainties caused by the COVID-19 pandemic and that no additional H-2B visas would be released until further notice.

Going forward, the NTRA will continue to advocate for racing’s interests in maintaining access to qualified foreign labor when domestic workers are unavailable.

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4M Ranch5B Farm A & B StablesA & J Racing StableAnthony ChaudryA1A RacingAaron JonesAbbott BloodstockABPR PartnershipAdam RiceAdrian ReganAl PikeAlan BrodskyAlan I. KirshnerAlan QuartucciAlejandro GonzalezAlex G. Campbell, Jr.Alex WongAlifyfe RacingAlison FournogerakisAlison RakisAllan AldrichAlliance BloodstockAlliance SalesAltair Farms Amy BayleAmy ElliottAmy JacksonAnderson Farms Andre F. RegardAndrew AndrewsAndrew MckenzieAndrew MotionAndrew WarrenAndy SimoffAngelinos RacingAnn W. MerrymanAnthony J. DidierAnthony J. FontanaAnthony Margotta JrAnthony PecoraroArmonte CraigArmstrong ThoroughbredsArt DeNioAshbrook FarmAshview FarmAsiel StableAudley FarmAugust Dawn Farm

B. W. AustinBaccari Bloodstock/

Seclusive FarmBach StablesBack Straight FarmsBackstretch FarmsBakster FarmsBallena Vista FarmBallysax BloodstockBao HuangBarry B. ConradBaseline EquineBell BloodstockBernie FlintBeryl J. Stokes, Jr.Best A Luck FarmBHMFRBig Oak FarmBill JusticeBill WitmanBilly GoodmanBirchwood FarmBlackacre FarmsBlackburn FarmBlackridge StablesBlackstone FarmBlackwood StablesBlake R. HeapBloodstock ThoroughbredsBloom Racing StableBlue TranserBluegrass Thoroughbred

ServicesBluewater SalesBo HirschBob GraysonBona Terra StudBona Venture StablesBonne Chance FarmBortolazzo StableBoutte Training & SalesBoyd BrowningBrad HozackBradford T. RayBradley ThoroughbredBran Jam StableBreezy Knob FarmBrendan WalshBret Calhoun

Brian CruzBrian DoxtatorBrian HilleBrick City ThoroughbredsBridie HarrisonBridlewood FarmBristol FeeneyBroken Oaks StablesBrookdale FarmBruce LunsfordBruce TallismanBruno MathiasBryan AndersonBryan RiceBuckland Sales/Millennium

FarmsBuena MaderaBurleson FarmsBurning Daylight FarmsBurns Thoroughbred racingByron and Jennifer SchunkC and C StablesCandyland FarmCarem StablesCarl Moore ManagementCarlos & Gloria MartinCarmen PecordCarrington HoldingsCary FrommerCasa FarmsCastle StablesCatnip Lane FarmCave Brook FarmCentennial FarmsCesar AlcalaChampion Racing StableChanceland FarmCharles FipkeCharles RabonCherry Run FarmChesapeake FarmChester BishopChester and Mary BromanChestertown FarmChina Horse Club

InternationalChoctaw Racing StableChris CarneyChris Drakos

Chris EwingChris JohnsonChristopher BrittonChristopher SterbenzCicero FarmsCJ Hummel HorsesCJZ Racing StableClaiborne FarmClarklandClassic BloodstockClear Creek StudCleber MasseyCliff RacingClover Hill FarmCoffee Pot StablesColebrook FarmsColonial FarmsColts Neck StablesColumbiana FarmColumbine StableCommonwealth New Era

RacingCool Hill FarmCopper Penny StablesCorinthian MedicalCoty RosinCountry Life FarmCovington FarmCraig AguiarCres Ran FarmsCrestwood FarmCromwell Bloodstock/Hat

Creek RacingCross Keys SalesCrown Chase FarmCrowning Point FarmCrupper BloodstockCTR StablesCunningham StablesCutair RacingDale Shane LongDan KobiskieDancing Wind Stables/D &

I StablesDaniel EubanksDaniel HeimDaniel J YatesDaniel PreissDarby Dan Farm

Dark Hollow FarmDave NeilsonDavid BuchananDavid CampbellDavid CharltonDavid D HeimDavid FawkesDavid IngordoDavid MeahDavid ScanlonDawn Martin-HaughtDaybreak StablesDe Savino StableDeborah HolmesDelehanty Stock FarmDell Ridge FarmDenali StudDennis FosterDenny AndrewsDerek LawsonDiamond Creek FarmDividing Ridge FarmDom Felipe IIDominique DamicoDon DanardDon SaybanDon TigerDonald CooperDonald K StricklandDonald SamaanDonald ValpredoDorsey JacksonDouglas ScharbauerDown the Stretch RacingDowntown Equine

InvestmentsDr. & Mrs. Ruel CowlesDr. Charles GilesDr. John R CumminsDr. Roger SpiessDr. Terry L. MorganDreamfieldsDromoland FarmDuncan LloydDundalk 5Dutch Racing StablesE 5 Racing ThoroughbredsEagle Point FarmEagle Ridge Racing

2019 LEGISLATIVE ACTION CAMPAIGN CONTRIBUTORS

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Earle I. MackEast Hickman BloodstockEaton & ThorneEaton SalesEd Moger, Jr.Eddie KenneallyEddie WoodsEdition FarmEdward OrtizEileen MatsonEKQ Stables CorpEladio AcevedoElise W. KendallELiTEElm Tree FarmEMFO RacingEmpire EquinesEnglish Range FarmEpona StablesEquine Farm ManagementEric ReedErin McElweeERJ RacingErnest M HaynesErnest W WittErnesto FanillaErnie ShermanEugene E. WoolseyEverything’s Cricket RacingExclusive Equine

InvestmentsFairview FarmsFalling Creek PartnersFarfellow FarmsFleetwood BloodstockFleming Thoroughbred

FarmFlying Diamond FarmFlying F StableForgotten Land InvestmentsFormal BloodstockFoundations FarmFox Ridge FarmFoxglove StableFoxpointe HoldingsFrances PaolangeliFrancis Daniel IIIFrancoise DupuisFrank BertolinoFrank DeMarcoFrank Russo

Frankfort Park FarmFranklin Avenue EquineFred & Linda AlexanderFred AllorFred DesimoneFred P SchwartzFreyer BloodstockGabe GrossbergGainesway FarmGarrencasey SalesGary & Angie StevensGary & Jane ChervenellGary K. TusseyGary MayoGateway ThoroughbredsGateway to Sanity StablesGatsas StablesGay WynnGayle Van LeerGene & Charlene TenbrinkGenesis RacingGentry StableGeocel RanchGeorge Ruggiero, Jr.George WeaverGerard StutchberryGerwyn JonesGlen “Bo” BromagenGlen Oak FarmGlenangus FarmGlendalough FarmGlenn SorgensteinGodolphinGood Luck Farm (Ky)Grandview EquineGrassroots Training & SalesGRD Two RacingGreenmount FarmGreg VerderberGreycross StablesGrovendale FarmH & E RanchHandal RacingHannah MathiesenHappy Tenth StableHard FarmHardacre FarmHare Hill FarmHarold A MayHarris FarmsHarris Training Center

Harry Landry BloodstockHartwell FarmHarvey A. ClarkeHavens Bloodstock AgencyHaymarketHeaven Trees FarmHermitage FarmHidden Brook FarmHill ‘N DaleHill ‘n’ DaleHillcrest FarmHillwood StableHinkle FarmsHMA 812Hobby Horse StablesHoolie Racing StableHoppel’s Horse & CattleHorseplayers Racing ClubHouston FarmsHronis RacingHugh H. RobertsonHunter Valley FarmHurstland FarmI.P. KnelmanIan C. HowardImagine…Ina BondIndian Creek FarmIron Sand FarmItal-Cal Horse ManagementIvery Sisters RacingJ Richard PerkinsJ S StablesJ. Keith DesormeauxJ. Kirk & Judy RobisonJ. R. Ward StablesJ.D. Business VenturesJ.R. CaldwellJack R. SwainJackpot FarmJacob WestJagger, Inc.James AndersonJames D StippJames F. GilmoreJames JankiewiczJames M. ConnorsJames M. Herbener Jr.James P. AbelJamie NessJanet Del Castillo

Jay Em Ess StableJay HanleyJay ReeseJCE RacingJD FarmsJDLP Holdings IncJeff Bonde Racing StablesJeff GreenhillJeffrey D. KallenbergJeffrey TreadwayJennifer EvancicJeremiah KaneJeremiah O’DwyerJerome and Kristina RussellJerry CaroomJerry Charles LaughterJerry S BrumleyJim & Susan HillJim DaniellJim GladwellJim SmithJim TichenorJimbo and Torie GladwellJoann SmithJob TurnerJoe MerrickJoe R. PeacockJohn & Allegra ErnstJohn & Breeda HayesJohn & Emma KrohnJohn A. HancockJohn A. StuartJohn C OxleyJohn C. KimmelJohn EnnisJohn ErdelJohn GaynorJohn IrwinJohn JuliaJohn K Childs SrJohn McAllenJohn MoiranoJohn P. WarrenJohn ParkerJohn RopesJohn RoyerJohn RussellJohn ServisJohn SonderekerJohn T. Crane Jr.Joker Racing

Jon JazdzewskiJonathan MaldonadoJonathan NanceJonathan ThorneJorge Luis GonzalezJorge PeribanJorge V. GonzalezJose M. Garcia-BlancoJoseph CalvoJoseph DiRicoJoseph G. BucciJoseph LoweJoseph V. Shields, Jr.JP Racing StableJRita Young ThoroughbredsJuddmonte FarmJulianna Hawn HoltJuve StablesK-2Kaitar RacingKallenberg ThoroughbredsKarl SeitzKate Lantaff ThoroughbredsKathleen WillierKathryn HegedusKatie LisowskiKatieRich FarmsKeene Ridge FarmKeith LancasterKelly LivelyKen MeyerKennesaw Mountain RacingKenneth FishbeinKenneth McMahanKevin ScatuorchioKhalid MishrefKieron MageeKim EshlemanKim SmithKindergarten FarmKingfield StablesKingsport FarmKinross CorporationKinsman FarmKinsman Stud FarmKlaravich Stables/LRK

RacingKonrad WaysonKretz RacingKueber RacingL. G.

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Lake Star StableLance R and Valerie GabrielLane’s End FarmLangsem FarmLarry D. WilliamsLarry Keyner MejiasLate Night StablesLawrence M. SmithLazy Lane FarmLC RacingLee LewisLegacy BloodstockLegacy RanchLeonard A PelulloLeonard LibertoLeslie HammondLeverett & Linda MillerLiebau FarmsLili KobielskiLinda GaudetLinda WallsLisa WallLittle Man FarmLittle’s BloodstockLNJ FoxwoodsLogan FarmLongford FarmLoooch Racing StablesLorna GrayLotts Creek Farm/Dabbs

Hickman Hill & CannonLRE RacingLucas DownsLucy Y. HamiltonMaccabee FarmMachmer Hall/Select SalesMadaket StablesMagic Cap StablesMahoney Eden ManorManitou FarmMarc DetampelMarc McLeanMarcelo PolancoMarefields FarmMarjorie J StrieterMark & Julia TaylorMark CasseMark GrierMark MathiesenMarshall SilvermanMartin S. Schwartz

Martin ValenzuelaMarvin Little, Jr. EstateMashnee StablesMason SpringsMat GroffMathis StablesMatthew LyonsMatthew ScheraMatties Racing StableMcCarthy RacingMcMahon & Hill BloodstockMcMahon Of Saratoga

ThoroughbredsMcPeek Racing/Magdalena

FarmMe II RacingMegan KerfordMen’s Grille RacingMeritageMer-Lyn FarmsMerriebelle FarmMerrill RobertsMichael BelloMichael De BroglioMichael DubbMichael L MilamMichael Lund PetersonMichael MellenMichael R. Di TomassoMichael R. MaceyMichael RepoleMichael SchmidtMichael TrombettaMichael TurpenMichele CastilloMichelle NevinMidway ThoroughbredsMiguel CarranzaMike DiniMike LangfordMike PietrangeloMike Schiano Di ColaMilan KosanovichMill Ridge FarmMindy Powell-HodgesMonarch StablesMonte TurnerMontesacro FarmMoonestone FarmMopo RacingMorrell Bloodstock

Morton RobbinsMoserwood FarmMossarosaMountmellick FarmMulholland FarmMulholland SpringsN W ManagementNeal AllreadNeal CoulardotNed WilliamsNeedle In A HaystackNewtown Anner Stud

Farm/J. T. Magen & Co.Niall BrennanNiall ReillyNiall SavilleNick de MericNick HinesNick NosowenkoNick SannaNicky DrionNils JohnsonNK RacingNorma Lee StocksethNorth American

Thoroughbred/Hastings Racing Club

Northview Stallion StationNovogratz StablesNursery PlaceNyala Farm/Kathleen

O’Connell Racing StableO J JaureguiOak Lodge USAOakridge FarmsOff The HookOld Chapel FarmOliver FortuneOmar RamirezOracle BloodstockOrchard Lane

ThoroughbredsOxmoor SalesP J Arnold BloodstockPamela C ZiebarthParamount SalesParkway FarmParrish FarmsPatrick HoppelPatrick MassonPatrick Q. MaguirePaul & Karen Eggert

Paul AguirrePaul Bryan MillerPaul MouttetPaul Pompa, Jr.Peachtree FarmPerry HarrisonPete MattsonPeter A. LeidelPeter E. Blum

ThoroughbredsPeter MillerPeter ShindelPhil OliverPhilip A SimsPhilip DicosmoPhillip WrightPhipps StablePhoenix Farm & RacingPhoenix Ladies Syndicate IIIPhoenix ThoroughbredPick View StablesPinnacle Racing StablePioneer Pinhooking/

Wynnstay FarmPope McLeanPope McLean JrPristinus ThoroughbredsQ Bar J ThoroughbredsQatar Racing/Qatar

Bloodstock LtdQuarter Pole EnterprisesQuatrefoil Racing StablesQuincy HoppelR Marie FarmsR.C. Cline ThoroughbredsR3 RacingRags Racing StableRalph D’AmicoRalph EbertRandy BradshawRaul RamirezRaymond & Dawn MencioRebecca E. MakerRebecca GalbraithRed Brick FarmReddam RacingRedmon FarmReeves Thoroughbred

RacingReineman BloodstockRespect the ValleysRespite Farm

RGP Ocala HoldingsRhapsody Farm/RF HF

BloodstockRicehorse StablesRichard CiavardoneRichard D KesslerRichard DavisRichard JacksonRichard MalooufRichard SchmollingerRichard VegaRichard WukichRichie’s World StablesRick BuckleyRick KueberRick LopezRick TaylorRidenjac RacingRigney Racing/JCM RacingRiver Card StableRiver Ridge RanchRiverknolls FarmRiversedge Racing StableRobert & Erin GorhamRobert & Mary SchreiberRobert B. Hess, Jr.Robert BonnieRobert D. BoneRobert E. HoewelerRobert L. LoseyRobert M. WrightRobert VukovichRocco SperrazzaRock Brothers BreedingRock House FarmRocky RashallRodrigo Nathanael JaenRoger SterlingRomans Racing & Sales

AgencyRonald ConnellyRonald James PaolucciRonald Paul SalernoRonald ZielinskiRonney Brown RacingRonyld WiseRosalee C DavisonRosecrest FarmRoyal Bloodstock SalesRudy RodriguezRuis Racing

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Run for Fun RacingRussell YoungRusty RobertsSackatoga StablesSally ThomasSalt Mine InvestmentsSam M Vogel JrSam SemkinSamantha SiegelSam-Son FarmSanford R RobertsonSanta Ana ThoroughbredsSaratoga Glen FarmSaul CarrilloScatter Creek TrainingScott and Julie JohnsonScott DilworthScott GelnerScott KintzScott MalloryScott PierceScotty L. AbbottSea Jay FarmSeagull AssociatesSeale Equine/Bird in HandSean O’ConnorSebastiano CiaccioSelect SalesSequel BloodstockSequel Stallions New YorkSeth Gregory BloodstockSGV Thoroughbreds/

Sportmans Stable 12Shadwell FarmShamrock FarmShamrock Hill FarmShamrock StablesShawhan PlaceSheila RosenblumSheltowee FarmsSheppell Thoroughbreds

Shooting Star Thoroughbreds

Shortleaf StableSierra FarmSilver Springs StudSix Column StablesSmall Batch ThoroughbredsSmart AngleSmitten FarmSMT StablesSolis/LittSolitary Oak FarmSouth Point Sales Agency/

Rockbridge BloodstockSouthpace PropertiesSovereign FarmSpeculation EquusSpeedway StablesSpringhill FarmSpringhouse FarmSpruce Lane FarmSt. George SalesStanfield FarmStarship StablesStein RacingStephen Hope SalesStephen M Viola TbredsStephen R BakerStephens ThoroughbredsSteven LaymonSteven W. YoungStewart L. ArmstrongStone Ridge FarmStonecliff FarmStonegate StablesStonehedgeStoneleigh FarmStoneway FarmStraightaway FarmStuart Morris BloodstockStuart S. Janney III

Stuart TsujimotoSugar Maple FarmSugarland ThoroughbredsSummer Wind FarmSummerfield SalesSummerplace FarmSun Kingdom PtySunday Morning

ThoroughbredsSunset FarmSuper C RacingSuper-HorseSusan KingSwingley FarmSydney RotunnoT/C StableTall Oaks FarmTamara Louise

HollingsworthTan HykaTaproot BloodstockTara Horse FarmTaste of Victory StablesTaylor Made FarmTDM SalesTeam Work Racing Corp.Ted LucasTee - N - Jay FarmTen FlatTen Strike RacingTeresa PalmerTerri LigonTerril EkstromTerry & Barbra LovingierTerry ClydeTerry EoffThe AcornThe Elkstone GroupThe New Hill FarmThe Three Colleens StableTheodore J Pecoraro

Third Street PartnersThomas ChalinThomas SwearingenThomsen RacingThorndale FarmThreave Main StudThree Diamonds/DKW

RacingTigertail RanchTim & Lisa TurneyTim KindlonTimber Town StableTimothy A. BurrTin Hut Hill StablesTNIPTobey L. MortonTodd HansenTodd M. BeattieTom McCrocklinTommy HumphriesTony BraddockTony HolmesTony MetaxasTop Line SalesTory ChapmanTracy & Paula HenlineTravis DurrTricar StableTristar FarmTrudy VeinotTrue to Form BloodstockTwin Hopes FarmTwo Hearts FarmUnder Wraps RacingUnjin JenkinsUpson Downs FarmUptowncharlybrown StudV/R RacingValter M. RamosVann BelvoirVeloudis Farm

Versatile ThoroughbredsVery UnstableVictor Jiminez SainzVincent & Marie ColbertVinery SalesVineyard RacingVossfeld Bloodstock GroupW Rowland HancockW. Temple WebberWarrendale SalesWatermarkWatershed BloostockWavertree StablesWayne AtwellWebb Carroll Training

CenterWest Point ThoroughbredsWestbrook StablesWilfredo J. AgustiWillam DeesWilliam E Riddle JrWilliam S ReightlerWilliam T. ReedWilliamson RacingWillow Racing/Custom Care

EquineWinchell ThoroughbredsWindways FarmWindylea FarmWintickett FarmWoodbridge FarmWoodford ThoroughbredsWoodland FarmsWoodline Farm/Beau Lane

BloodstockWoodside RanchWoodvale FarmWynoaks FarmXavier International

Bloodstock

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Confident Yellow

SW 6911

Daisy

SW 6910

Supporters of the NTRA’s Legislative

Action Campaign are eligible for significant

savings on these nationally known

products!

A percentage of every sale

through NTRA Advantage

is reinvested into the equine

industry!

OFFICE DEPOTOffice Depot outfits offices with

everything from office and computer supplies to paper and office furniture.

From farm office to home office, you are eligible for up to a 70% discount!

SHERWIN WILLIAMSSave up to 40% discount on

Sherwin Williams paints, in-store products and wall coverings.

JOHN DEEREJohn Deere offers substantial discounts on everything from

mowers and tractors to GatorsTM, hay equipment and construction pieces.

• The MSRP Program – Professional operations can save up to 28% on select equipment

• The Cash Bonus Program – All members can save up to $2,700 with vouchers that are stackable with special financing

• Construction Equipment – All members can save up to 26% on select equipment

RED BRANDRed Brand offers Keepsafe V-Mesh Horse

Fence and Non-Climb Horse Fence are recognized worldwide by stable managers, breeders, veterinarians and horse owners as the very safest for horses. Save up to

$20 per roll on Red Brand Horse Fence with exclusive NTRA rebates.

BIG ASS FANSBAF is committed to Energy Efficient Air movement and providing comfort to the

equine industry. Advantage members will receive up to a 25% discount on qualifying

purchases for all Equine Facilities and Personal Residences.

SUNCAST COMMERCIALSuncast Commercial is a market leader

in high-quality resin, wood, and metal products made in the U.S.A. for over 25 years. Enjoy preferred pricing on waste

management, storage, and outdoor furniture products.

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NTRA’S FEDERAL LEGISLATIVE STRATEGYThe NTRA’s government relations team performs a broad array of legislative advocacy services for the horse racing and breeding industry. Working closely with the NTRA membership and Board of Directors, the team determines the industry’s governmental priorities and then develops a comprehensive legislative strategy to achieve these priorities. The current strategy includes building relationships with members of Congress and their staffs, educating them on industry issues and concerns and introducing lawmakers and staff to industry members in the field.

The government relations team is in daily contact with The Alpine Group, the NTRA’s lobbying arm based in Washington, D.C. The Alpine Group’s guidance and expertise are invaluable and help move the horse industry’s legislative agenda through Congressional processes. From meetings with Congressional staffers and members of Congress to bill drafting to committee mark-ups, hearing and votes, The Alpine Group provides the expertise essential to effective advocacy.

One essential element of an effective advocacy strategy is fundraising. The NTRA primarily builds financial support through its Legislative Action Campaign’s ¼% Check-off Program at major Thoroughbred auctions. Industry members who buy and sell at Keeneland, Fasig-Tipton, Ocala Breeders’ Sales Company and the Washington Thoroughbred Breeders & Owners Association may contribute one quarter of one percent of each horse’s sale price to help fund the Campaign.

Industry members also support NTRA fundraising through the Foal Program, an annual direct mail effort targeting owners and breeders who may not buy or sell at auction. Contributions start at $50 per foal. Horseplayers who join the NHC Tour also are considered to be contributors to the NTRA’s Legislative Action Campaign.

Campaign finance also is important to NTRA advocacy. The NTRA government relations team organizes and participates in fundraisers on behalf of Horse PAC®, the political action committee of the NTRA. Horse PAC® has disbursed more than $4 million to upwards of 300 federal political candidates and leadership PACs since 2002. Click here to read the 2019 Horse PAC® Annual Report.

Another component of the NTRA’s government advocacy efforts is the NTRA Safety and Integrity Alliance. Formed in 2008, the Alliance is a standing organization whose purpose is to advocate for the establishment of national uniform standards and best practices related to human and equine safety. While the NTRA legislative priorities are federal in scope and application, the Alliance provides guidance at the state level through accreditation of tracks found to be in compliance with a national Code of Standards. The Alliance Code is enforced in large part by regulations issued and enforced by state racing commissions. Alliance certification standards cover six broad areas: injury reporting and prevention; a safer racing and training environment; uniform medication, testing and penalties; jockey safety and welfare; aftercare and transition of retired racehorses; and wagering security. The Code further sets standards with respect to compliance and enforcement and is amended as new research recommendations warrant.

The horse racing industry is part of a $50 billion agri-business touching every state. Each year, over $11 billion is wagered on horse racing nationwide. Governmental regulation and oversite are critical to horse racing’s economic development and long-term survival. For this reason, the NTRA dedicates significant resources to protecting and promoting horse racing on Capitol Hill.

Starting with a landmark 2000 amendment to the Interstate Horseracing Act that paved the way for online betting on pari-mutuel horse racing, the NTRA has built a significant presence on Capitol Hill. The NTRA strengthened its presence even as federal lobbying expenditures by all industries have skyrocketed. The chart below shows the tremendous growth in lobbying expenditures across all industries, including the gambling sector in particular.

YEAR LOBBYING – ALL INDUSTRIES

LOBBYING – GAMBLING INDUSTRY

2000 $1.56 billion $15.34 million 2019 $3.5 billion $35.09 million

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NTRA LEGISLATIVE ACTION CAMPAIGN FREQUENTLY ASKED QUESTIONS

What is the Legislative Action Campaign?The Legislative Action Campaign empowers individuals and corporate members of the NTRA to support federal legislative advocacy services for the horse racing and breeding industry.

How is the Legislative Action Campaign funded? The Legislative Action Campaign raises funds through three programs: the ¼% Check-off Program; the Foal Program; and National Horseplayers Championship (NHC) Tour membership. For the former, buyers and sellers may support the Campaign by pledging ¼ of one percent of the price of their horses sold at Keeneland, Fasig-Tipton, Ocala Breeders’ Sales Company (OBS), and Washington Thoroughbred Breeders and Owners Association. Every $1,000 in a horse’s sale price equates to $2.50 to the Campaign. Individuals also may pledge contributions through the NTRA Foal Program. Horseplayers may support the Campaign when establishing NHC Tour membership.

How do I participate?Sellers, consignors and designated agents may “pre-commit” their pledge on sales entry forms for the ¼% Check-off. Sellers who miss the deadline for pre-commitments may pledge until the close of sale billing. Buyers may include their contribution when submitting payment or by responding to an NTRA-generated invoice. Owners and breeders may contribute through the Foal Program. The NTRA solicits contributions through a bi-annual direct mail campaign. Horseplayers may contribute when joining the NHC Tour at the highest level.

How can Federal lobbying help make the horse racing industry more competitive?By securing tax legislation that benefits industry stakeholder groups such as such as horse owners, breeders, racetracks, advance deposit wagering service providers and horseplayers and by addressing select issues that directly impact the economics of racing, such as taxation, Internet wagering, immigration, sports betting expansion and matters that affect farmers, ranchers and other agricultural producers.

How does the NTRA lobby on Capitol Hill?NTRA fields a government relations team based in Lexington, KY and retains Washington, DC-based The Alpine Group to lobby on federal issues specific to pari-mutuel horse racing and breeding. NTRA coordinates with the American Horse Council on legislative advocacy issues that affect all equine breeds and disciplines.

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LEGISLATIVE ACTION CAMPAIGN POLITICAL ACTION COMMITTEE

Common Names: “¼ Percent Check-off Program” “Horse PAC®” or “NTRA PAC”

Contribution Uses: Contributions are used to support Federal legislative advocacy to benefit the racing and breeding industries.

Contributions are not co-mingled with NTRA corporate funds and may only be used to support political candidates and parties at the Federal level.

Contribution Limits: There is no limit on the amount that can be contributed. Individuals and corporate entities like partnerships and farms can participate.

$5,000 per individual, per year. Spouses of individual members may also contribute $5,000 each. Contributions from corporations are not accepted.

Payment Methods:

Thoroughbred buyers and sellers contribute ¼% of the price of a horse sold at public auction to the NTRA’s Legislative Action Campaign.

Note these alternative ways to contribute: Owners/breeders and others who do not participate in auction sales may contribute through the Foal Program. NHC Tour players may contribute when joining.

Personal check or credit card (VISA, Discover, MasterCard or American Express), payable to Horse PAC® and addressed to:

Casey HamiltonHorse PAC®

401 W. Main Street, Suite #222Lexington, KY 40507Horse PAC® now accepts online contributions

Deductibility: Not tax deductible. Not tax deductible.

Added benefits:

Supporters are automatically eligible to receive preferred pricing on products and services from companies like Big Ass Fans, John Deere, Sherwin-Williams and Office Depot through NTRA Advantage. Visit www.NTRAadvantage.com or call toll free 866-678-4289 for more information.

Horse PAC® supporters are automatically eligible to receive preferred pricing on products and services from companies like Big Ass Fans, John Deere, Sherwin-Williams and Office Depot through NTRA Advantage. Visit www.NTRAadvantage.com or call toll free 866-678-4289 for more information.

Membership:Participants automatically become NTRA members and may be PAC-eligible (see column to the right).

NTRA members and members of NTRA-affiliated organizations are eligible.

Citizenship Requirements:

Open to U.S. citizens and foreign nationals.Contributors must be U.S. citizens or permanent resident aliens.

NTRA Contact:Joe Bacigalupo859-422-2677joeb@ntra.com

Alex Waldrop 859-422-2602awaldrop@ntra.com

NTRA FUNDRAISING PROGRAMSWhat’s the Difference?

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INDUSTRY THANK YOUThe NTRA extends its sincere appreciation to the following industry leaders for their generous support of the federal Legislative Action Campaign.

BLOOD-HORSE • BREEDERS’ CUP • CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION

• DEL MAR • THE ECLIPSE AWARDS • FLORIDA THOROUGHBRED BREEDERS’ AND OWNERS’

ASSOCIATION • NEW YORK THOROUGHBRED BREEDERS, INC • NEW YORK THOROUGHBRED

HORSEMEN’S ASSOCIATION • NATIONAL HORSEPLAYERS CHAMPIONSHIP • THE SARATOGA

SPECIAL • THOROUGHBRED DAILY NEWS • TEXAS HORSEMEN’S PARTNERSHIP •

THOROUGHBRED OWNERS OF CALIFORNIA

FOR MORE INFORMATION CONTACT:JOE BACIGALUPO

Sr. Director of Government Relations & Membership Development859-422-2677

www.SupportHorseRacing.org