An Act further regulating thoroughbred breeding

This bill amends Massachusetts law to strengthen financial incentives for breeding thoroughbred horses within the state. It authorizes the Massachusetts Thoroughbred Breeders Association to distribute cash bonuses to breeders and owners based on race performance, while also allowing the association to offer foaling bonuses to mare owners. To qualify for these rewards, the bill establishes specific rules for what counts as a "Massachusetts bred" or "accredited" horse, requiring that foals be born or raised in the state and registered with local authorities. Additionally, the legislation mandates that stallion owners file annual reports detailing breeding activities and limits the association's spending on the program to twelve percent of its annual revenue.