House bill · 119th Congress · Latest step: Introduced
Racehorse Tax Parity Act
Official title: To amend the Internal Revenue Code of 1986 to reduce the holding period used to determine whether horses are section 1231 assets to 12 months.
Open in Bill Explorer →Where it went
- IntroducedFeb 7, 2025
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Feb 7, 2025 — Referred to the House Committee on Ways and Means.
Cost and committee reports
Official records Congress.gov attaches to H.R. 1112.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. BARR, as printed in the Congressional Record (Vol. 171, No. 26, February 7, 2025, Page H585):Article I, Section 8 of the U.S. ConstitutionSource: Congress.gov, Congressional Record February 7, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 45 characters
- Congress.gov bill record
- H.R. 1112, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/1112
- Record last updated by Congress.gov
- May 5, 2025
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
ac4633a659a1f25fa2a79a85057a2518f94e1bee4be103ce26a2665bdc322caf
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of May 5, 2025). Not every bill gets one.
From the Congress.gov bill record for H.R. 1112, last updated May 5, 2025. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
1 cosponsor — 1 Democrat
1 of 1 cosponsors (100%) are from the other party.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Andy Barr.
- H.R. 747 (119th) Stop Chinese Fentanyl Act of 2025
- H.R. 10184 (119th) Consumer Financial Protection Accountability and Reform Act of 2026
- H.R. 478 (119th) Promoting New Bank Formation Act
- H.R. 2702 (119th) FIRM Act
- H.R. 2405 (119th) The White Oak Resilience Act
- H.R. 3484 (119th) Business Owners Protection Act of 2025
Sponsor’s state and district
Data as of Sep 14, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.