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United States · Bill · S

S. 1528 (109th)

Equine Equity Act of 2005

referredUnited States· United States Congress· EN

Introduced

28 July 2005

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9293-9294)

Sponsors

Subjects

Discovery layer

Source updated

15 August 2025

Summary

Equine Equity Act of 2005 - Amends the Internal Revenue Code to: (1) treat any race horse as three-year property for depreciation purposes; and (2) reduce to 12 months the holding period for capital gains treatment of horses. Directs the Secretary of Agriculture to include horses in livestock assistance, compensation, or feed programs. Amends certain agricultural acts to qualify horses for disaster and other assistance programs.

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Versions

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Documents

3 official files

Introduced in Senate (text)

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Sources

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