HR 3150 · 97th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to provide that the investment tax credit shall be allowable for up to $100,000 of the cost of any horse.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1981-04-08)
Plain Language Summary
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Amends the Internal Revenue Code to qualify the acquisition of a horse for the investment tax credit. Limits the allowable cost of the horse to $100,000.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
2 Democrats2 Republicans