Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2017

Revenue and Taxation Code

Property Taxation

Part 12. Taxation of Racehorses

Chapter 1. General Provisions and Definitions

Section 5715

5715. "Stakes yearling", "Stakes two-year-old", or "Stakes three-year-old." "Stakes yearling", "stakes two-year-old", or "stakes three-year-old" means a racehorse of the designated age which was foaled by a stakes-winning or stakes-producing broodmare.

History.—Stats. 1972, p. 1227, in effect August 10, 1972, expanded the definition to include "two-year-olds" and "three-year-olds."