H.R. 1113IntroducedHouse · nowSenatePresidentLawIn committeeSec. 2 · H.R. 1113
Three-year depreciation for race horses
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(a) In general Section 168(e)(3)(A)(i) of the Internal Revenue Code of 1986 is amended to read as follows: (i) any race horse,. (b) Effective date The amendments made by this section shall apply to property placed in service after December 31, 2022.