H.R. 2212 · 113th Congress
Race Horse Cost Recovery Act of 2013
- Stage
- In committee
- Sponsor
- Andy Barr
- Introduced
- 2013-05-24
- Latest action
- 2013-05-24 · Introduced in House
Summary
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).