KEEP Celebrates 10 Years of Enhancing Equine Interests

Kentucky horsemen formed the Kentucky Equine Education Project (KEEP) to improve the economics of the state’s signature horse industry.
Share
Favorite
Close

No account yet? Register

ADVERTISEMENT

Ten years ago, a group of Kentucky horsemen formed a coalition to improve the economics of the state's signature horse industry. Designed to represent all equine breeds and disciplines, the Kentucky Equine Education Project (KEEP) was founded in May 2004.

Since its inception, KEEP has been a driving force for numerous horse industry accomplishments. The first was legislation which created the Kentucky Breeders' Incentive Fund (KBIF). Previously, the sales tax from stud fees went to the state's general fund. Since the creation of the KBIF, however, that money—totaling $97,660,834—has been paid to the breeders of Kentucky-bred horses.

"Prior to the passage of the KBIF, mares and stallions were leaving Kentucky in droves for the lucrative incentive programs in other states," said Bill Casner, KEEP founding member and vice chairman. "The KBIF bill is certainly the most significant piece of legislation in recent history."

The group also played a major role in the development of pari-mutuel wagering on historic horse racing. Since Sept. 1, 2011, "instant racing" has generated $6,371,928 for race purses and $4,974,387 for the Kentucky Thoroughbred Development Fund

Create a free account with TheHorse.com to view this content.

TheHorse.com is home to thousands of free articles about horse health care. In order to access some of our exclusive free content, you must be signed into TheHorse.com.

Start your free account today!

Already have an account?
and continue reading.

Share

Written by:

Related Articles

Stay on top of the most recent Horse Health news with

FREE weekly newsletters from TheHorse.com

Sponsored Content

Weekly Poll

sponsored by:

Where do you primarily feed your horse?
324 votes · 324 answers

Readers’ Most Popular

Sign In

Don’t have an account? Register for a FREE account here.

Need to update your account?

You need to be logged in to fill out this form

Create a free account with TheHorse.com!