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HR 5833 117th Congress House Taxation

Equine Tax Fairness Act

Introduced: November 3, 2021 Introduced by: Barr, Andy Republican · Kentucky See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Nov 3, 2021
Referred to the House Committee on Ways and Means.
Nov 3, 2021
Introduced in House
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 Plain-English summary Congressional Research Service

Equine Tax Fairness Act

This bill modifies the 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 for long-term capital gains).

The bill also makes permanent the 3-year recovery period for the depreciation of race horses.

What's happening now November 3, 2021

Referred to the House Committee on Ways and Means.

 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. 5833: Equine Tax Fairness Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-5833/
MLA
"H.R. 5833: Equine Tax Fairness Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-5833/.
Bluebook (legal)
H.R. 5833, 117th Cong. (2026), https://openamerica.io/bill/117-HR-5833/.
Markdown link
[H.R. 5833: Equine Tax Fairness Act](https://openamerica.io/bill/117-HR-5833/)
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