119th Congress · introduced in the House · Feb 7, 2025
Racehorse Tax Parity Act
Official title from Congress.gov
Latest action (Feb 7, 2025): Referred to the House Committee on Ways and Means.
View on Congress.govPolicy area: Taxation
No official summary has been published for this bill.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
Actions from Congress.gov, newest first.
LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 24, 2026.
3 citations.
NATIONAL THOROUGHBRED RACING ASSOCIATION · lobbying firm or registrant: INVARIANT LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Taxation/Internal Revenue Code
$40,000
Paid to lobbying firm
Monitor issues related to horse racing tax, including gambling loss deductions. Monitor H.R. 1113, the Race Horse Cost Recovery Act of 2025; H.R. 1112, the Racehorse Tax Parity Act; H.R.4304, the FAIR BET Act; and H.R.4630, the WAGER Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
NATIONAL THOROUGHBRED RACING ASSOCIATION · lobbying firm or registrant: INVARIANT LLC
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 20, 2026 · issue area: Taxation/Internal Revenue Code
$40,000
Paid to lobbying firm
Monitor issues related to horse racing tax, including gambling loss deductions. Monitor H.R. 1113, the Race Horse Cost Recovery Act of 2025; H.R. 1112, the Racehorse Tax Parity Act; H.R.4304, the FAIR BET Act; and H.R.4630, the WAGER Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
NATIONAL THOROUGHBRED RACING ASSOCIATION · lobbying firm or registrant: INVARIANT LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Taxation/Internal Revenue Code
$10,000
Paid to lobbying firm
…ding bonus depreciation and the limitation on excess business losses and gambling loss deductions. Monitor H.R. 1113, the Race Horse Cost Recovery Act of 2025; H.R. 1112, the Racehorse Tax Parity Act; H.R.4304, the FAIR BET Act; and H.R.4630, the WAGER Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing