Relates to the imposition of sales tax on the sale of race horses made through claiming races

Bill A 8527 amends the tax law concerning sales tax on racehorses sold through claiming races within the state. Currently, sales tax is applied only to the portion of the sale price that exceeds any prior purchase price for the same horse within the same calendar year. This bill removes that specific exemption, making the *entire* sale price of a racehorse sold through a claiming race subject to sales tax. This change directly affects buyers and sellers of racehorses by broadening the sales tax base for these transactions.