| Kentucky Breeders Incentive Fund Update
On December 10, the KHRA approved rule clarifications to the KyQHA Breeders' Incentive Fund. To view those rules visit http://www.kyqha.com/kqhbif/rules.htm
These rules are from December 10 forward. However, if your stallion stood in Kentucky in 2007 and met KyQHA BIF breeding requirements in 2007, we would like to have a copy of your 2007 AQHA breeding report at your earliest convenience. If you did not retain a copy, please ask AQHA to forward one.
Rule clarifications:
19. The “breeding season” is defined as beginning February 1 and ending July 15 each year in the northern hemisphere. The stallion shall stand the entire breeding season residing in Kentucky. All semen, to include raw, cooled, frozen, or otherwise, shall be produced and utilized to cause the conception of the KyQHA BIF eligible offspring during the breeding season in which the stallion stood in Kentucky. If the stallion does not reside in Kentucky for the entire breeding season, the resulting offspring may not be KyQHA eligible.
The stallion may leave the state at any time during the breeding season for show, race, or other purposes unrelated to breeding services. Stallions may not breed a mare or have his semen collected away from his declared Kentucky residence for the breeding season. If a stallion owner chooses to have a shorter breeding season and remove the stallion from his declared residence prior to July 15, that may be done so long as no other breeding occurs. Stallions do not have to be physically in Kentucky by February 1, but must have a declared residence by this date. KyQHA and the KHRA reserves the right to confirm a stallion’s residency with a farm or breeding facility visit.
34. Any attempt in connection with the Kentucky Horse Breeders’ Incentive Fund to provide false or misleading information to the Kentucky Quarter Horse Association (KyQHA) or government officials, or to otherwise engage in fraudulent activity, shall result in appropriate disciplinary action by the KyQHA and the application of all civil and criminal penalties that may apply. this should also be posted as a separate item under the program.
KyQHA will utilize all options to monitor any fraud against the program. KyQHA and the KHRA reserves the right to confirm a stallion’s residency or confirm a mare’s foaling or breeding location with a farm or breeding facility visit. See rule # 17.
Additional FAQs:
Is there a deadline for stallion enrollment?
In complying with rule 19, the deadline for stallion enrollment is February 1 of the breeding year. A signed stallion enrollment form with a declared residence should be on file with the KyQHA Office. Keep in mind that you must meet all deadlines for the AQHA IF nominations as well.
Do stallions standing for racing offspring need to be nominated to the AQHA Incentive Fund?
Racing stallions do not have to be nominated to the AQHA IF, but it is recommended so that the offspring are more valuable and versatile.
Do broodmares need to be enrolled in the KyQHA BIF?
No. The only requirement on the broodmare is that she be located in Kentucky during breeding and foaling. A breeding report will serve as a record of which mares are bred. A veterinary report will verify the foaling in Kentucky.
How do I enroll my horse to be eligible for awards?
There is no enrollment required for a horse to receive KyQHA BIF awards. However, we encourage owners to have their horses verified as eligible. Once the KyQHA office has officially reviewed a horse’s papers and breeding information, we will place the eligible horse’s name on the KyQHA web site. This saves the association time when determining award winners. For more information, go to https://www.kyqha.com/kqhbif/eligiblehorse-verify.htm
How do I pay sales tax on breeding services?
If you are going to sell stud services in the state of Kentucky, you should apply for a Sales and Use Tax ID with the Kentucky Department of Revenue and file a quarterly Sales and Use Tax return. Along with this return, you should also file Form 51A132 which dedicates the tax to the Breeders' Incentive Fund. For more information about the sales and use tax visit http://revenue.ky.gov/TaxModernization/salesandusetm.htm
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