Bill Information for hr1112-119

Long Title

To amend the Internal Revenue Code of 1986 to reduce the holding period used to determine whether horses are section 1231 assets to 12 months.

Short Title

Racehorse Tax Parity Act

Vote Information

Status: REFERRED as of 2025-02-07 00:00:00.

Sponsor: This bill was sponsored by Andy Barr (R-KY).

Party line votes are determined based on this being a R-sponsored piece of legislation. See here for information on how party line votes are determined.

Vote count: There were 0 roll call votes on this bill in total.