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United States · Bill · HR

H.R. 1804 (115th)

Race Horse Cost Recovery Act of 2017

referredUnited States· United States Congress· EN

Introduced

30 March 2017

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

Race Horse Cost Recovery Act of 201 7 This bill amends the Internal Revenue Code to modify the accelerated depreciation allowance for race horses to allow a three-year recovery period for any race horse. (Current law limits the three-year recovery period to race horses placed in service before January 1, 2017, and race horses placed in service after December 31, 2016, that are more than two years old when placed in service by the purchaser.)

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Documents

3 official files

Introduced in House (text)

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Sources

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