H.R. 5465 · 111th Congress
To amend the Internal Revenue Code of 1986 to provide a 5-year recovery period for computer-based gambling machines.
- Stage
- In committee
- Sponsor
- Dean Heller
- Introduced
- 2010-05-28
- Latest action
- 2010-05-28 · Introduced in House
Summary
Amends the Internal Revenue Code to classify any computer-based gambling machine, including slot machines and video lottery terminals, as five-year property for depreciation purposes.