HR 2212 · 113th Congress · Taxation

Race Horse Cost Recovery Act of 2013

Introduced 2013-05-24· Sponsored by Rep. Barr, Andy [R-KY-6]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2013-05-24)

Plain Language Summary

[AI summary unavailable — showing source text] Race Horse Cost Recovery Act of 2013 - Amends the Internal Revenue Code to modify the accelerated depreciation allowance for race horses to allow a 3-year recovery period for any race horse (currently, a race horse must be placed in service before January 1, 2014, and be more than 2 years old if placed in service after December 31, 2013).…

Summarized by Claude AI · Non-partisan · For informational purposes only