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NTRA REACTS TO THE ONE BIG BEAUTIFUL BILL ACT AND ITS IMPLICATIONS FOR THE THOROUGHBRED RACING INDUSTRY

Summary by NTRA
WASHINGTON, DC. (July 3, 2025) – The One Big Beautiful Act (OBBBA), passed by Congress and expected to be signed into law by President Trump, makes permanent 100% bonus depreciation, an important incentive for Thoroughbred breeders and owners, according to the National Thoroughbred Racing Association (NTRA). 100% bonus depreciation was part of the Tax Cuts and [...]
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NTRA broke the news in on Thursday, July 3, 2025.
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