Florida Thoroughbred industry

The Florida Senate's Finance and Tax Committee unanimously advanced a tax cut proposal to the full Senate Apr. 18 that includes credits to Gulfstream Park and Tampa Bay Downs for prior-year assessments those tracks must pay to the Horseracing Integrity and Safety Act (HISA) Authority. But the News Service of Florida (NSF) reported Apr. 19 that the HISA tax breaks do not appear in an otherwise similar House version of the bill. The Senate's tax committee Chairman, Blaise Ingoglia, told NSF that the Thoroughbred industry in Florida is operating at...