H.R.4151: Equine Equity Act of 2005

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about emergency management
  • Introduced Oct. 26, 2005
  • Latest Major Action Oct. 26, 2005

Bill Sponsor

Bill Summary

Equine Equity Act of 2005 - Amends the Internal Revenue Code to: (1) treat any race horse as three-year property for depreciation purposes; and (2) reduce to 12 months the holding period for capital gains treatment of horses. Directs the Secretary of Agriculture to include horses in livestock assistance, compensation, or feed programs. Amends certain agricultural acts to qualify horses for disaster and other assistance programs. Amends the...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Ways and Means, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Ways and Means
Referred to House Agriculture
Oct. 26, 2005

Introduced in the House by Ron Lewis (R-Ky.)

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