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H.R. 2212

Race Horse Cost Recovery Act of 2013

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).

Referred to the House Committee on Ways and Means.

Rep. Barr, Andy [R-KY-6](R-KY)Sponsor
1committees3actions4subjects
  • Introduced in HouseMay 24, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Race Horse Cost Recovery Act of 2013 — Informed