House Bill 1806
115th Congress(2017-2018)
To amend the Internal Revenue Code of 1986 to allow the expensing of race horses.
Introduced
Introduced in House on Mar 30, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1806
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
This bill amends the Internal Revenue Code to allow a taxpayer to elect to expense the cost of any race horse.
March 30, 2017
03/30/2017
Referred to the House Committee on Ways and Means.
03/30/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:35:28 PM