From a tremendous growth in the number of Texas Accredited Quarter Horses to richer racing purses to robust youth programs and more, our industry is prospering across the board in Texas.
The horse industry is strong and flourishing in part because of legislation passed in 2019 that allows some money spent on horse-related items in Texas to be invested back into the industry. Learn more about the Horse Industry Escrow Account (HIEA) and how it specifically benefits our industry.
The Texas Quarter Horse Association thanks Gov. Greg Abbott and the Texas Legislature – and our supporters, event and program participants, and industry partners – for helping to preserve the heritage, support the culture, and grow the economy of our equine industry, which features world’s most versatile athlete, the American Quarter Horse.
The Horse Industry Escrow Account (HIEA) was created by the Texas Legislature in 2019 to foster the growth of the Texas horse industry and preserve and promote its culture and heritage.
Each year up to $25 million from sales tax on purchased horse-related items (feed, tack, etc.) is deposited into the HIEA. Up to 70% of the funds can be spent on purses, but the rest is reinvested into the industry through grants for racing, breeding, showing, events, youth and novice events and programs, and more.
These investments create jobs and strengthen the economy of the industry and of Texas as a whole.
TQHA is committed to the success and continuance of the HIEA. Learn how you can support our efforts and how it is specifically benefiting TQHA events and individuals.