To amend the Internal Revenue Code of 1986 to allow the expensing of race horses.

Bill Number

HR 1806

Introduced

Mar 30, 2017

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Business investment and capital Income tax deductions Mammals Professional sports Taxation

Full Text

Votes

Summary

This bill amends the Internal Revenue Code to allow a taxpayer to elect to expense the cost of any race horse.

Actions

Amendments

Related Bills