H.R. 427 · 112th Congress
To amend the Internal Revenue Code of 1986 to provide a 5-year recovery period for computer-based gambling…
Full title
To amend the Internal Revenue Code of 1986 to provide a 5-year recovery period for computer-based gambling machines.
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
HellerSponsor3 cosponsors · 1 D, 2 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Amends the Internal Revenue Code to classify any computer-based gambling machine, including slot machines and video lottery terminals, as five-year property for depreciation purposes.
What it does: CRS summary · Introduced in House · Jan 25, 2011
Amends the Internal Revenue Code to classify any computer-based gambling machine, including slot machines and video lottery terminals, as five-year property for depreciation purposes.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Internal Revenue Code of 1986 to provide a 5-year recovery period for computer-based gambling machines.
Latest action (May 11, 2011): Ms. Berkley asked unanimous consent to be the first sponsor of H.R. 427, and to have the authority to add co-sponsors. Agreed to without objection.
Policy area: Taxation · Origin: House · Introduced: Jan 25, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.