5722. The annual tax is imposed on and shall be paid by the owner on the following basis:
|
Age 12 |
Age 13 |
|
|
STALLIONS |
and younger |
and older |
|
Stud fee classification |
||
|
$10,000 and up …………………… |
$1,000 |
$650 |
|
7,500 and up …………………… |
750 |
500 |
|
5,000 and up …………………… |
500 |
330 |
|
3,000 and up …………………… |
300 |
200 |
|
1,500 and up …………………… |
150 |
100 |
|
1,000 and up …………………… |
100 |
65 |
|
Less than 1,000 …………………… |
75 |
50 |
|
BROODMARES |
||
|
Stakes-winning producing broodmares …………………… |
75 |
50 |
|
Stakes-producing broodmares …………………… |
75 |
50 |
|
Other producing broodmares …………………… |
40 |
28 |
|
Stakes-winning nonproducing broodmares …………………… |
35 |
25 |
|
Other nonproducing broodmares …………………… |
20 |
12 |
|
ACTIVE RACEHORSES |
||
|
Racehorses which in the previous calendar year earned: |
||
|
$100,000 or more …………………… |
150 |
|
|
Between 50,000 and 99,999 …………………… |
100 |
|
|
Between 25,000 and 49,999 …………………… |
60 |
|
|
Less than 25,000 …………………… |
40 |
|
|
OTHER RACEHORSES |
||
|
Stakes yearlings, stakes two-year-olds, stakes three-year-olds …………………… |
35 |
|
|
Other yearlings, two-year- olds, three-year-olds, and nonactive racehorses …………………… |
20 |
(Amended by Stats. 1972, Ch. 665.)