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The Horseracing Integrity and Safety Authority (HISA) is a private self-regulatory organization that regulates the sport of Thoroughbred horse racing in the United States. It is empowered by the federal Horseracing Integrity and Safety Act of 2020 to propose and enforce regulations related to safety and anti-doping aspects of the sport.
In addition, the HISA Authority has become an unaccountable behemoth that dumped an additional $66.5 million price tag on the industry for 2023 and plans nearly $81 million for 2024.
This tax applies to a "dividend equivalent amount," which is the corporation's effectively connected earnings and profits for the year, less investments the corporation makes in its U.S. assets (money and adjusted bases of property connected with the conduct of a U.S. trade or business). The tax is imposed even if there is no distribution.
The Horseracing Integrity and Safety Authority report, released Tuesday, also stated that its fatality rate was lower than the Jockey Club’s national rate of 1.25 for 2022 and the 1.32 rate ...
The department, as the Department of Commerce, was formed in 1965 by Section 225 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.325.The Michigan Department of Licensing and Regulation was abolished with most responsibilities transferred to the newly formed Department. [1]
Equine drug testing is a form of drug testing applied to performance horses in regulated competition. Most common in racehorses , drug tests are also performed on horses in endurance riding and in international competition such as the Olympics and FEI -sanctioned competition.
This crackdown on horse doping in 2020 also motivated congress to pass the first law establishing national regulations for the sport of horse racing. This law was Horseracing Safety and Integrity Act, which will also create a new enforcement agency to enforce the law. [8] [9]
Governor John Engler created the Office of Financial and Insurance Regulation as a Type I agency within the Michigan Department of Consumer and Industry Services to be headed up by a commissioner appointed to a four-year term. The Corporations, Securities and Land Development Bureau's security functions and all functions of the Insurance Bureau ...