119th Congress
H.R. 1112
Racehorse Tax Parity Act
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Andy Barr(R-KY)
- Introduced
- Feb 7, 2025
- Policy area
- Taxation
- Committees
- House Committee on Ways and Means
- Official text
- Introduced in House · Congress.gov page
Cosponsors (1)
Original cosponsors (1)
- Morgan McGarvey (D-KY)
Summary
No Congressional Research Service summary yet. CRS usually publishes one a few weeks after a bill is introduced.
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.
Latest action(Feb 7, 2025): Referred to the House Committee on Ways and Means.
Roll-call votes
No recorded votes on this bill.
Actions
- Feb 7, 2025 · House
Referred to the House Committee on Ways and Means. - Feb 7, 2025
Introduced in House