Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2017
Property Tax Rules
Title 18, Public Revenues California Code of Regulations
DIVISION 1. STATE BOARD OF EQUALIZATION—PROPERTY TAX
Chapter 12. Miscellaneous (1042–1099)
Reference: Part 12, Division 1, Revenue and Taxation Code, Sections 5703, 5710, 5711, Revenue and Taxation Code, and Sections 19409, 19413.5, 19416, 19416.5, 19416.7, Business and Professions Code.
A horse over three years of age, or over four years of age in the case of an Arabian horse, that, in the two previous calendar years, has neither participated in a horserace contest on which parimutuel wagering is permitted nor been used for breeding purposes in order to produce a racehorse eligible to participate in a horserace contest on which parimutuel wagering is permitted is not a racehorse within the meaning of Part 12 of Division 1 of the Revenue and Taxation Code. Any such horse is subject to ad valorem taxation unless otherwise exempt.
(a) A horse used for breeding purposes means a registered male animal that has serviced three or more registered females for the purpose of producing a racehorse during the two previous calendar years or a registered female animal that has been bred to a registered male for the purpose of producing a racehorse during the two previous calendar years.
(b) In order to qualify as a racehorse a horse must be registered or eligible to be registered with an agency recognized by the California Horse Racing Board. Agencies currently recognized are as follows:
The Jockey Club
The American Quarter Horse Association
The United States Trotting Association
The Appaloosa Horse Club
The Arabian Horse Registry of America
History: Adopted October 26, 1972, effective December 1, 1972.
Amended May 1, 1974, effective June 1, 1974.
Amended June 16, 1987, effective September 26, 1987.