Tuesday, December 3, 2013

State Assembly Looks at Equine Impact

The New York State Assembly will hold a public hearing at noon today (Dec. 3) to examine the equine industry and discuss the economic benefits and numerous job opportunities that are related to the industry’s presence in our state.

Racing and Waging Committee Chair J. Gary Pretlow will take testimony on the equine industry’s current role in the state's economy and what could be done to enhance the industry’s growth.

According to the 2012 New York State Equine Industry Economic Impact Study, the industry generated $4.2 billion statewide in 2011, which was about $92,100 per horse in both direct and indirect impacts. The study also noted that the equine industry provides roughly 33,000 full-time jobs, which is an estimated 80 jobs per 100 horses.

The horse industry is a critically important sector of New York’s economy, providing many employment opportunities throughout the state, including such jobs as breeders, trainers, backstretch workers, hay farmers and veterinarians.

Among those scheduled to testify are Jeffrey A. Cannizzo, executive director, NYS Thoroughbred Breeders; Rick Violette, president, NY Thoroughbred Horsemen Association; Joseph Faraldo, president, Standardbred Owners of New York; and Susan McDonough, board member, NYS Humane Association.

Also expected to testify are Marsha Himler, president, NYS Horse Park; Colleen Segarra, Mid-Hudson Regional Director, New York State Horse Council; and Alice Allen, Redemption Acres.

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