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United States · Bill · HR

H.R. 427 (112th)

To amend the Internal Revenue Code of 1986 to provide a 5-year recovery period for computer-based gambling machines.

passedUnited States· United States Congress· EN

Introduced

25 January 2011

Last action

Status

Ms. Berkley asked unanimous consent to be the first sponsor of H.R. 427, and to have the authority to add co-sponsors. Agreed to without objection.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends the Internal Revenue Code to classify any computer-based gambling machine, including slot machines and video lottery terminals, as five-year property for depreciation purposes.

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Versions

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Documents

3 official files

Introduced in House (text)

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Sources

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