To amend the Internal Revenue Code of 1986 to allow a 3-year recovery period for all race horses.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to allow a 3-year recovery period for all race horses., changes federal law or congressional policy affecting immigrants, border agencies, and immigration-service providers. The main policy domain is Immigration.
Who Benefits and How
immigrants, border agencies, and immigration-service providers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, immigrants, border agencies, and immigration-service providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H5095119D49A6440A8411CE666B1B89A7: 1. Short title This Act may be cited as the Race Horse Cost Recovery Act of 2025.
- Section H2D8D61763CE4426794953143603C6A3D: 2. Three-year depreciation for race horses Section 168(e)(3)(A)(i) of the Internal Revenue Code of 1986 is amended to read as follows: any race horse, The...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to allow a 3-year recovery period for all race horses., changes federal law or congressional policy affecting immigrants, border agencies, and immigration-service providers.
Key Policy Areas
Immigration
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to allow a 3-year recovery period for all race horses., changes federal law or congressional policy affecting immigrants, border agencies, and immigration-service providers.
Policy Domains
Whole bill
Identified Gains
Contextual inference, no direct clause citation- immigrants, border agencies, and immigration-service providers
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- federal implementing agencies
- immigrants, border agencies, and immigration-service providers
Contextual inference, no direct clause citation
Sponsors
Andy Barr
R-KY | Primary Sponsor
Legislative Progress
IntroducedMr. Barr (for himself and Mr. McGarvey) introduced the following …
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology