Florida: tax friendly, pro-business

01.

No tax on
stallion seasons

02.
Horses purchased from original breeder are sales tax exempt
03.

No personal state income or individual capital gains tax

04.
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
Incentives

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

Includes:

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

Florida
Stallion
Awards

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

Florida-Bred Foal Registrations:

Establish eligibility for FTBOA Breeder Awards and FTBOA Florida-bred racing incentives.

Foals of 2023:
Foal Registrations: August 31, 2023
Extended Foal Registration: December 31, 2023

Florida Stallion Registrations:

Activate and sustain (with annual renewal) stallion owner eligibility for FTBOA Stallion Awards and establish foal crop eligibility for FSS racing incentives.

Last Chance Stallion (for foals of 2024): November 15, 2023
Stallion (for foals of 2025): February 15, 2024
Extended Stallion (for foals of 2025): August 1, 2024
Last Chance Stallion (for foals of 2025): November 15, 2024

The Florida Horse Annual Stallion Directory Publication Deadline: October 1

Florida Sire Stakes (FSS):

Establish eligibility for Florida-Sired racing incentives at Florida racetracks.

Foals of 2022:
Yearling: May 15, 2023 ($250) or November 15, 2023 ($500)
2-Year-Old Sustaining: January 15, 2024 ($250) or February 28, 2024 ($500)
2-Year-Old Standalone: January 15, 2024 ($5,000)
2-Year-Old Last Chance: May 1, 2024 ($10,000)

Foals of 2023:
Yearling: May 15, 2024 ($250) or November 15, 2024 ($500)
2-Year-Old Sustaining: January 15, 2025 ($250) or February 28, 2025 ($500)
2-Year-Old Standalone: January 15, 2025 ($5,000)
2-Year-Old Last Chance: May 1, 2025 ($10,000)

Membership:

FTBOA memberships offer reduced foal registration fees, purchasing discounts and support the industry.

Annual Renewal: March 31

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!