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HR 3672 114th Congress House

Equine Tax Parity Act

Official title: To amend the Internal Revenue Code of 1986 to reduce the holding period used to determine whether horses are section 1231 assets to 12 months.

Introduced: October 1, 2015 Introduced by: Barr, Andy Republican · Kentucky See on congress.gov
Taxation Capital gains taxMammalsProfessional sports
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 1, 2015
Referred to the House Committee on Ways and Means.
Oct 1, 2015
Introduced in House
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 Latest action October 1, 2015

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Equine Tax Parity Act

This bill amends the Internal Revenue Code, with respect to the preferential tax treatment of gains and losses from the sale of depreciable property used in a trade or business, to eliminate "horses" from the definition of "livestock" (thus making the 24-month holding period requirement for livestock inapplicable to horses and allowing horses to be treated as capital assets subject to the existing 1-year holding period requirement).

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 3672: Equine Tax Parity Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-3672/
MLA
"H.R. 3672: Equine Tax Parity Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-3672/.
Bluebook (legal)
H.R. 3672, 114th Cong. (2026), https://openamerica.io/bill/114-HR-3672/.
Markdown link
[H.R. 3672: Equine Tax Parity Act](https://openamerica.io/bill/114-HR-3672/)
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