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Ask HISA: How Are HISA’s Fees Used?
['Dan Ross']
TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions
Q: As an owner I would like to know where do the fees I pay go besides the salaries of HISA members?
Furthermore, what are the monies collected as fines (all fines including medication violations and crop violations) used for?
And lastly, how much has been collected in fees and fines since HISA started?
Answer by HISA CFO, Jim Gates:HISA is funded primarily through fees paid by owners, racetracks and State Racing Commissions.
By law, all money collected through fines must also be used to fund HISA's work.