The AQHA has officially decided to reconsider the proposed Incentive Fund restructuring in response to our feedback. I am grateful to the 217 individuals who demanded a transparent voting process regarding these changes. We will remain observant to ensure that the interests of our members continue to be prioritized in …
January 13, 2012
Final supporters
Incentive Fund changes for the 2012 show season include:
1) Increase the percentage paid to both the stallion nominator and the foal nominator to 15 percent each. The owner of the horse at the time the points are earned will be paid 70 percent. (The change will take effect for the 2012 show season that’s paid out in February 2013.)
2) Increase the 2013 foal nomination fee to $125.
3)Enforce a point cap of 200 points per year. Any points earned up to 200 will be paid out at 100 percent of the point value per point. Any points beyond that will be paid at 80 percent of the point value per point.
4) Establish a $50 licensing fee per division for amateur and open that is due annually in January. If the license is not remitted for a particular year, any points the horse earns will not be eligible for Incentive Fund money.
5)Establish a transfer of license fee to be assessed when an Incentive Fund-nominated horse changes ownership. The new owner will pay $50 to continue the horse’s annual license in the Incentive Fund. The new owner will have 30 days to transfer the license, and will earn Incentive Fund money on show points from the date of sale. If a horse is licensed in 2012 and earns points all year, but is transferred in June and the new owner does not transfer the license, the points will be paid to the owner during the first half of the year when the horse was licensed, but not for the points earned while the second owner showed the horse.
6) Offer Incentive Fund nomination for second-career racehorses enrolled in the Bank of America Racing Challenge. An Incentive Fund nomination fee of $500 will be assessed. The nomination fee is in addition to the $50 annual licensing fee
Read more: http://www.gohorseshow.com/article/AQHA/AQHA/AQHA_Incentive_Fund_Gets_a_Facelift/36104
Updates
November 2, 2011
The response to this proposal highlights a significant level of concern among the membership regarding the future of our program. It is clear that the community expects transparency and a formal vote on these financial adjustments.
Reached 100 supporters
November 2, 2011
6 Comments
So unfair. They change the rules whenever they want without asking a single member. Not right at all.
VOTE. Let the members decide. Quit acting like you own the place.
This is just another way for them to grab our cash. Enough is enough. We pay fees for everything already.
Ridiculous. Small breeders cant keep up with all these extra costs. Stop punishing the people who actually show.
Total garbage. Why do we not get a say in how our own money is handled? Put it to a vote or forget it.
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The AQHA has officially decided to reconsider the proposed Incentive Fund restructuring in response to our feedback. I am grateful to the 217 individuals who demanded a transparent voting process regarding these changes. We will remain observant to ensure that the interests of our members continue to be prioritized in …
January 13, 2012
Final supporters
Incentive Fund changes for the 2012 show season include:
1) Increase the percentage paid to both the stallion nominator and the foal nominator to 15 percent each. The owner of the horse at the time the points are earned will be paid 70 percent. (The change will take effect for the 2012 show season that’s paid out in February 2013.)
2) Increase the 2013 foal nomination fee to $125.
3)Enforce a point cap of 200 points per year. Any points earned up to 200 will be paid out at 100 percent of the point value per point. Any points beyond that will be paid at 80 percent of the point value per point.
4) Establish a $50 licensing fee per division for amateur and open that is due annually in January. If the license is not remitted for a particular year, any points the horse earns will not be eligible for Incentive Fund money.
5)Establish a transfer of license fee to be assessed when an Incentive Fund-nominated horse changes ownership. The new owner will pay $50 to continue the horse’s annual license in the Incentive Fund. The new owner will have 30 days to transfer the license, and will earn Incentive Fund money on show points from the date of sale. If a horse is licensed in 2012 and earns points all year, but is transferred in June and the new owner does not transfer the license, the points will be paid to the owner during the first half of the year when the horse was licensed, but not for the points earned while the second owner showed the horse.
6) Offer Incentive Fund nomination for second-career racehorses enrolled in the Bank of America Racing Challenge. An Incentive Fund nomination fee of $500 will be assessed. The nomination fee is in addition to the $50 annual licensing fee
Read more: http://www.gohorseshow.com/article/AQHA/AQHA/AQHA_Incentive_Fund_Gets_a_Facelift/36104
Updates
November 2, 2011
The response to this proposal highlights a significant level of concern among the membership regarding the future of our program. It is clear that the community expects transparency and a formal vote on these financial adjustments.
Reached 100 supporters
November 2, 2011
6 Comments
The 50 dollar license fee is a slap in the face. Stop nickle and diming us to death. Seriously.
So unfair. They change the rules whenever they want without asking a single member. Not right at all.
VOTE. Let the members decide. Quit acting like you own the place.
This is just another way for them to grab our cash. Enough is enough. We pay fees for everything already.
Ridiculous. Small breeders cant keep up with all these extra costs. Stop punishing the people who actually show.
Total garbage. Why do we not get a say in how our own money is handled? Put it to a vote or forget it.
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The 50 dollar license fee is a slap in the face. Stop nickle and diming us to death. Seriously.