The Kentucky Quarter Horse, Appaloosa and Arabian Development Fund (KQHAADF) consists of money allocated to the fund through an excise tax imposed on all tracks conducting pari-mutuel wagering under the jurisdiction of the Kentucky Horse Racing Commission (KHRC).
Historically, monies wagered on quarter horse, Appaloosa or Arabian races was allocated to the Kentucky Sire Stakes/Kentucky Standardbred Development Fund. In 2009, the KHRC began meeting with members of the industry to discuss the possibility of splitting the monies wagered on quarter horse, Appaloosa and Arabian races into a separate fund from the standardbred wagers. KRS 230.445 was established during the 2010 legislative session and became effective July 15, 2010.
Each year, prior to Dec. 31, the advisory committee meets to propose the distribution of money for KQHAADF funded races. The committee consists of one representative from each of the following:
- The Kentucky Horse Racing Commission
- The licensed racing associations in Kentucky that host quarter horse, Appaloosa or Arabian racing
- The owner of a stallion registered with KQHAADF that resides in Kentucky
- The owner of a mare registered with KQHAADF that resides in Kentucky
- One member of the Kentucky Quarter Horse Racing Association that resides in Kentucky and selected by that organization’s board of directors.