3.0.0 4151 2023-01-13T04:49:52Z 2023-01-13T04:49:52Z House H HR 2005-10-26 109 hsag00 Agriculture Committee House Standing Referred to 2005-10-26T14:01:15Z hswm00 Ways and Means Committee House Standing Referred to 2005-10-26T14:01:10Z Equine Equity Act of 2005 109 1528 S 2005-07-28 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9293-9294) Related bill CRS Text similarities House 2005-10-26 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. IntroReferral H11100 2 House floor actions hsag00 Agriculture Committee 2005-10-26 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. IntroReferral H11100-A 9 Library of Congress 2005-10-26 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2005-10-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-10-26 Introduced in House IntroReferral 1000 9 Library of Congress L000293 Rep. Lewis, Ron [R-KY-2] RON LEWIS R KY 2 N R000395 Rep. Rogers, Harold [R-KY-5] HAROLD ROGERS R KY 5 2005-10-26 True C001058 Rep. Chandler, Ben [D-KY-6] Ben Chandler D KY 6 2005-10-26 True W000413 Rep. Whitfield, Ed [R-KY-1] EDWARD WHITFIELD R KY 1 2005-10-26 True D000603 Rep. Davis, Geoff [R-KY-4] Geoff Davis R KY 4 2005-10-26 True Taxation Agricultural credit Agricultural subsidies Agriculture and Food Animal breeding Animals Capital gains tax Depreciation and amortization Disaster loans Disaster relief Economics and Public Finance Emergency Management Federally-guaranteed loans Feeds Government lending Horse racing Horses Income tax Livestock Sports and Recreation Tax deductions Taxation 00 2005-10-26 Introduced in House 2005-11-10T18:58:26Z 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 Consolidated Farm and Rural Development Act to qualify horse breeders for emergency loans under the agricultural credit program.

]]> Equine Equity Act of 2005 Display Title Equine Equity Act of 2005 Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide for the tax treatment of horses, and for other purposes. Introduced in House IH Short Titles as Introduced Equine Equity Act of 2005 Introduced in House 2005-10-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr4151ih/xml/BILLS-109hr4151ih.xml 2005-10-26 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. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.