HR 1113
Race Horse Cost Recovery Act of 2025
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 6:46 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Race Horse Cost Recovery Act of 2025, proposes a change to federal tax law to allow horse owners to recover the cost of their racehorses over a three-year period instead of the current schedule. Currently, the depreciation of racehorses is limited, and this legislation aims to provide a more favorable tax treatment for those who own and train these animals. The changes would apply to horses placed in service after December 31, 2022.
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