Spending bill includes renewal of racehorse depreciation schedule
The U.S. Senate passed an omnibus spending bill on Thursday that includes the renewal of a three-year depreciation period for racehorses through the end of 2020.
The U.S. Senate passed an omnibus spending bill on Thursday that includes the renewal of a three-year depreciation period for racehorses through the end of 2020.

Hall of Fame rider Javier Castellano, fellow Eclipse Award winner Tyler Baze, and veterans Chris Emigh, James Graham, and Luis M. Quinones are the finalists for the 2020 George Woolf Memorial Jockey Award, Santa Anita announced Thursday morning.
A panel of horseplayers on Wednesday afternoon at the Global Symposium on Racing in Tucson criticized the racing industry for being too slow to adapt to changing times and failing to embrace transparency and experimentation, complaints that have become familiar in the racing industry over the past five years.
Officials of state breeding associations are highly concerned about widespread declines in the foal crop but have also seen promising signs regarding the willingness of industry organizations to work together to find solutions, according to panels held this week at the Global Symposium on Racing.
The relative merits and challenges of different racing surfaces came up for discussion on Tuesday afternoon at the Global Symposium on Racing, in a discussion that is likely to foreshadow a future debate in the racing industry as the sport seeks to make significant reductions in catastrophic injuries.
Safety and welfare issues that continue to bedevil the racing industry took center stage on the opening morning of this year’s Global Symposium on Racing, with a number of racing officials arguing that protocols implemented at racetracks this year have made a measurable impact on injury rates already.
A proposal to phase out some raceday administrations of the anti-bleeding medication Lasix took a crucial step forward on Monday when it was approved by the Kentucky Horse Racing Commission.
Sports Information Group LLC, the parent company of Daily Racing Form, announced Monday that Itay Fisher has been appointed as its chief executive officer.
The largest racing conference in the United States will get under way next week in Tucson, Ariz., at a time when racing is facing an inflection point in its modern history.

Steve Asmussen will receive a stay of a 30-day suspension recently handed down by the Kentucky Horse Racing Commission for two positives for a regulated sedative while he appeals the penalty, according to the commission's executive director.