S 675
105th Congress
Senate
Taxation
Agriculture and Food
Animal breeding
Animals
Business income tax
Business losses
Commerce
Finance and Financial Sector
Horse racing
Horses
Income tax
Partnerships
Small business
Sports and Recreation
Stockholders
Tax credits
Tax deductions
Equine Tax Fairness Act of 1997
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 1, 1997
Read twice and referred to the Committee on Finance.
May 1, 1997
Sponsor introductory remarks on measure. (CR S3901)
May 1, 1997
Introduced in Senate
Plain-English summary
Equine Tax Fairness Act of 1997 - 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