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SB 928, if passed, would remove Section 928 from the Agriculture Code, repealing the Equine Incentive Program. This program exists to provide an incentive for owners of Appaloosa horses, paint horses, and quarter horses to participate in horse events in Texas. Any money which remains in the program after its abolition would be distributed to appropriate breeder’s associations. The distribution of said money would be determined by a formula related to the number of registered mares held by each breeder’s association.
We generally oppose state interference in industry, agriculture, and other economic activities. SB 928, by abolishing the Equine Incentive Program is a solid step in the correct direction. (It is worth noting that the return of funds to breeder’s associations is equitable given that these associations paid into the program originally, and that even though the program is a form of unnecessary state interference, it did not appropriate funds from elsewhere.) We support SB 928.