,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #ahjf  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #cj1 #bjag,mr4   
,b>r introduc$ ! foll[+ bill2 :i* 0     
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to all[ ! exp5s+ ( race  
horses4  #a4 ,election to exp5se race   
horses  7a7 ,9 g5]al ,"p ,,vi ( sub*apt]
 ,b ( *apt] #a ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ by ins]t+ aft]   
section #agi;,e ! foll[+ new section3   
#agi;,f4 ,election to exp5se race horses
 ,a taxpay] may elect to treat ! co/ (  
any race horse z an exp5se :i* is n     
*>geable to capital acc\nt4 ,any co/ s  
treat$ %all be all[$ z a d$uction = !   
taxable ye> 9 :i* ! race horse is plac$ 
9 s]vice4  4  7b7 ,cl]ical am5dm5t ,!   
table ( sections = "p ,,vi ( sub*apt] ,b
 ( *apt] #a ( ! ,int]nal ,rev5ue ,code (
 #aihf is am5d$ by ins]t+ aft] ! item   
relat+ to section #agi;,e ! foll[+ new  
item3  ,sec4 #agi;,f4 ,election to      
exp5se race horses4  4  7c7 ,effective  

date ,! am5dm5ts made by ?is section    
%all apply to prop]ty plac$ 9 s]vice    
aft] ! date ( ! enactm5t ( ?is ,act4