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This document is used to report the transfer of ownership of a mare in connection with the Kentucky Thoroughbred Breeders’ Incentive Fund, including details about the former and new breeders, and
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How to fill out mare transfer of ownership

How to fill out MARE TRANSFER OF OWNERSHIP REPORT IN CONNECTION WITH THE KENTUCKY THOROUGHBRED BREEDERS’ INCENTIVE FUND (KHRA Form 20-4)
01
Obtain the MARE TRANSFER OF OWNERSHIP REPORT (KHRA Form 20-4) from the Kentucky Horse Racing Authority (KHRA) website or your local racing office.
02
Fill out the section for the current owner's information, including name, address, and phone number.
03
Provide the horse's information, including name, breed, age, and registration number.
04
Complete the section for the new owner's information, including name, address, and phone number.
05
Indicate the reason for the transfer (e.g., sale, gift, etc.) in the appropriate section.
06
Both the current and new owners should sign and date the form to finalize the transfer.
07
Submit the completed form to the KHRA along with any required fees and additional documentation as specified.
Who needs MARE TRANSFER OF OWNERSHIP REPORT IN CONNECTION WITH THE KENTUCKY THOROUGHBRED BREEDERS’ INCENTIVE FUND (KHRA Form 20-4)?
01
Any individuals or entities involved in the transfer of ownership of a thoroughbred horse in Kentucky that is eligible for the Kentucky Thoroughbred Breeders’ Incentive Fund.
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People Also Ask about
What is the payout for the KBIF?
Races eligible for KBIF awards: $7,500/race for winning a Grade I Stakes anywhere in the USA, a Group 1 race held in Canada, England, France or Ireland, or a Group 1 race held on Dubai World Cup Day, Japan Cup Day or Hong Kong International Day. $50,000 for winning the Kentucky Oaks or Kentucky Derby.
What is the Breeders Incentive Fund Kentucky?
The Kentucky Thoroughbred Breeders' Incentive Fund was established in 2005 and consists of 80 percent of all receipts collected from the sales and use tax on the fees paid for breeding a mare to a stallion in Kentucky with any other money contributed, appropriated or allocated to the fund from all other sources.
What is the Kentucky Breeders incentive program?
The Kentucky Thoroughbred Breeders' Incentive Fund was established in 2005 and consists of 80 percent of all receipts collected from the sales and use tax on the fees paid for breeding a mare to a stallion in Kentucky with any other money contributed, appropriated or allocated to the fund from all other sources.
What is the payout for the KBIF?
Races eligible for KBIF awards: $7,500/race for winning a Grade I Stakes anywhere in the USA, a Group 1 race held in Canada, England, France or Ireland, or a Group 1 race held on Dubai World Cup Day, Japan Cup Day or Hong Kong International Day. $50,000 for winning the Kentucky Oaks or Kentucky Derby.
Who is eligible for the Kentucky Sire Stakes?
Eligibility: In order to qualify for the Kentucky Sire Stakes, a foal shall be a two (2) or three (3) year old Kentucky-bred and maintain eligibility for the KSDF and KSBIF. A horse that does not start in at least one (1) of the preliminary legs scheduled shall not be eligible for the final or consolation.
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What is MARE TRANSFER OF OWNERSHIP REPORT IN CONNECTION WITH THE KENTUCKY THOROUGHBRED BREEDERS’ INCENTIVE FUND (KHRA Form 20-4)?
The MARE TRANSFER OF OWNERSHIP REPORT (KHRA Form 20-4) is a document used to officially record the transfer of ownership of a thoroughbred mare in relation to the Kentucky Thoroughbred Breeders' Incentive Fund. This report ensures that all changes in ownership are tracked for eligibility and incentive purposes.
Who is required to file MARE TRANSFER OF OWNERSHIP REPORT IN CONNECTION WITH THE KENTUCKY THOROUGHBRED BREEDERS’ INCENTIVE FUND (KHRA Form 20-4)?
The form must be filed by the seller of the mare or the new owner following a transfer of ownership. It is essential for all parties involved in the sale or transfer to complete this report to maintain compliance with the breeders’ incentive program.
How to fill out MARE TRANSFER OF OWNERSHIP REPORT IN CONNECTION WITH THE KENTUCKY THOROUGHBRED BREEDERS’ INCENTIVE FUND (KHRA Form 20-4)?
To fill out the form, provide accurate details including the mare's registered name, identification number, and the names and addresses of both the seller and buyer. Ensure that all signatures are obtained and the date of transfer is clearly indicated to validate the report.
What is the purpose of MARE TRANSFER OF OWNERSHIP REPORT IN CONNECTION WITH THE KENTUCKY THOROUGHBRED BREEDERS’ INCENTIVE FUND (KHRA Form 20-4)?
The purpose of this report is to update the ownership records of thoroughbred mares participating in the Kentucky Thoroughbred Breeders' Incentive Fund, facilitating the distribution of incentives to the rightful owners based on the mare's eligibility and performance.
What information must be reported on MARE TRANSFER OF OWNERSHIP REPORT IN CONNECTION WITH THE KENTUCKY THOROUGHBRED BREEDERS’ INCENTIVE FUND (KHRA Form 20-4)?
The report must include the mare's registered name, identification number, the selling price, names and addresses of both the seller and the buyer, and signatures from both parties along with the date of the transfer.
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