HR 1806 115th Congress House Taxation Business investment and capital Income tax deductions Mammals Professional sports

To amend the Internal Revenue Code of 1986 to allow the expensing of race horses.

Introduced: March 30, 2017 Introduced by: Barr, Andy Republican · Kentucky See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 30, 2017

Referred to the House Committee on Ways and Means.

Mar 30, 2017

Introduced in House

Plain-English summary Congressional Research Service

This bill amends the Internal Revenue Code to allow a taxpayer to elect to expense the cost of any race horse.

What's happening now March 30, 2017

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1