S 1171
104th Congress
Senate
Taxation
Agriculture and Food
Animals
Business losses
Commerce
Horse racing
Horses
Income tax
Partnerships
Small business
Sports and Recreation
Stockholders
Tax credits
Tax deductions
Equine Tax Fairness Act of 1995
Introduced: August 10, 1995
Introduced by:
McConnell, Mitch
Republican
· Kentucky
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 10, 1995
Read twice and referred to the Committee on Finance.
Aug 10, 1995
Sponsor introductory remarks on measure. (CR S12270-12271)
Aug 10, 1995
Introduced in Senate
Plain-English summary
Equine Tax Fairness Act of 1995 - Amends Internal Revenue Code provisions limiting passive activity losses and credits to modify the definition of material participation with respect to the treatment of equine activities (breeding, racing, or showing horses).
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1