HR 5465
111th Congress
House
Taxation
Business investment and capital
Computers and information technology
Gambling
Income tax deductions
To amend the Internal Revenue Code of 1986 to provide a 5-year recovery period for computer-based gambling machines.
Introduced: May 28, 2010
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 28, 2010
Referred to the House Committee on Ways and Means.
May 28, 2010
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to classify any computer-based gambling machine, including slot machines and video lottery terminals, as five-year property for depreciation purposes.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1