H.R. 1806 · 115th Congress
To amend the Internal Revenue Code of 1986 to allow the expensing of race horses.
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
This bill amends the Internal Revenue Code to allow a taxpayer to elect to expense the cost of any race horse.
What it does: CRS summary · Introduced in House · Mar 30, 2017
This bill amends the Internal Revenue Code to allow a taxpayer to elect to expense the cost of any race horse.
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 allow the expensing of race horses.
Latest action (Mar 30, 2017): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Mar 30, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.