Florida: tax friendly, pro-business


No tax on
stallion seasons

Horses purchased from original breeder are sales tax exempt

No personal state income or individual capital gains tax

Feed/animal health items are tax exempt
Florida-bred Clapton – Adam Coglianese Photo

FTBOA registered Florida-breds by Registered Florida Stallions are eligible for substantial purse and race incentives plus the $1.2 million 2-year-old stakes series at Gulfstream Park.

Florida-Bred Incentives

Florida Breeder Awards

FTBOA pays Breeder Awards to the listed breeder of Florida-breds appropriately registered with the FTBOA that finish first, second or third in a race at a Florida track as follows:

Win – Ten percent (10%) of purse, up to $10,500 per race
Place – Three percent (3%) of purse, up to $3,000 per race
Show – Two percent (2%) of purse, up to $1,500 per race

FTBOA Racing

Substantial owner incentives for Florida-breds and/or Florida-Sired in Florida races, funded by FTBOA.


$25,000 FTBOA win bonus for eligible stakes winners at Gulfstream Park.


FTBOA pays Stallion Awards to the owner of Thoroughbred stallions appropriately registered with the FTBOA and siring FTBOA-registered Florida-breds that finish first in a listed black-type stakes race at a Florida track.

Stallion Awards are paid at a uniform rate of fifteen percent (15%) of the purse, up to $15,000 per race.

Florida-Bred Incentives Fund (FBIF) & Florida Owner Awards (FOA)

Gulfstream Park 2023:

• $10,000 per 2yo open MSW winner
• Up to $5,000 per 2yo maiden-claiming win
• $5,000 per 2yo Florida-sired MSW win

Tampa Bay Downs 2023-2024:

• $18,000 FBIF-FTBOA in all MSW and Allowance
• $600,000 total bonuses for selected stakes wins, includes $200,000 FSS juvenile incentives
• $660,000 Florida Cup stakes-card, March 24

FTBOA Florida-Bred Search Registry

Important Deadlines

Annual Breeder and Stallion Awards Audit

View the 2022 independent audit of FTBOA annual awards.

Let’s get in touch!

Contact us with any questions you may have!