Standardbred 26711g
Ohio Standardbred Development Fund 571j2x
The Ohio Standardbred Development Fund was created in 1975. It receives taxes paid on wagers at harness tracks. Beginning in 2013, a portion of the tax on casinos paid to the OSRC became another funding source. The Commission authorizes disbursements from the fund after three OSDF Committee : Chairman Richard McClelland, Senena Esty and Mark Adams hold hearings on program conditions and annual racing dates.
Tracks add at least 16.67% or a minimum of $5,000 to purses for each race. Purses are also comprised of money allocated by the OSDF that includes Video Lottery Terminal (VLT) revenue provided by horsemen, revenue from the tax on pari-mutuel wagering along with nominating and starting fees paid by horsemen.
The majority of OSDF monies are allocated to Ohio Sires Stakes. Ohio-eligible horses are defined as those sired by a standardbred stallion ed with the OSRC and stood the entire breeding season in Ohio the year the horse was conceived.
Attention Breeders!