Horse Industry Escrow Account Update April 24, 2025
- Texas Horse Industry
- Jul 7
- 1 min read
Updated: Jul 17
In the 86th Legislative Session, the Texas Legislature passed House Bill 2463, establishing the Horse Industry Escrow Account (HIEA) in Section 2028.204, Texas Occupations Code.
This account was created as an escrowed trust fund from general revenue collected from taxes on the sale, storage, or use of horse feed, horse supplements.
The Texas Racing Commission is charged with the allocation of funds from the Horse Industry Escrow Account (HIEA) to further the horse industry in Texas. The agency staff are responsible for distributing HIEA funds in accordance with the allocations approved by the Commission as permitted under the Texas Rules of Racing. The horse organizations, including racetracks and breed registries, are provided five (5%) percent of the total appropriation to administer the program.
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