HB 7073

A tax package that will extend racing and breeding incentives in the state of the Florida, was approved Friday by Florida Legislature according to a release by the FTBOA. HB 7073, which was initially enacted in 2023, continues to provide state funding for HISA along with $20m in purses and/facility improvements split between Gulfstream Park and Tampa Bay Downs. It also gives $5m to the FTBOA for use as racing and breeding promotions and an additional $2.5m for Florida-bred racing incentives. In total, HB 7073 gives a boost of over...