Capital Gains Bill Introduced To Help Horse Owners

The American Horse Council reports that Congressmen Jerry Weller (R-IL), Joel Hefley (R-CO), Ron Lewis (R-KY) and Congresswoman Karen Thurman (D-FL) have introduced legislation to reduce from two years to one the period for which horses must be held to realize capital gains treatment upon sale. The bill number is H.R. 1174.

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