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H.R. 427House112th Congress (2011-2013)In Committee

To amend the Internal Revenue Code of 1986 to provide a 5-year recovery period for computer-based gambling machines.

Sponsored by Dean HellerSen. Dean Heller (R-NV)+ 1 co-lead
Introduced January 25, 2011

Legislative Activity

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2 earlier actions
HouseFloor Latest Action

Ms. Berkley asked unanimous consent to be the first sponsor of H.R. 427, and to have the authority to add co-sponsors. Agreed to without objection.

May 11, 2011 • 3:33 PM

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HouseIntro Referral

Introduced in House

January 25, 2011

HouseIntro Referral

Referred to the House Committee on Ways and Means.

Ways and Means Committee

January 25, 2011

HouseFloor

Ms. Berkley asked unanimous consent to be the first sponsor of H.R. 427, and to have the authority to add co-sponsors. Agreed to without objection.

May 11, 2011 • 3:33 PM

Floor Debate

1 member

What members said about H.R. 427 on the floor

1 Democrat
Shelley Berkley
Rep. Shelley BerkleyD-NV-1 · May 11, 2011

Madam Speaker, I ask unanimous consent that I may hereafter be considered to be the first sponsor of H.R. 427, a bill originally introduced by Representative Heller of Nevada, for the purposes of…

Record

Bill Text

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Introduced in HouseIssued January 25, 2011

I

112th CONGRESS

1st Session

H. R. 427

IN THE HOUSE OF REPRESENTATIVES

January 25, 2011

Mr. Heller (for himself, Mr. Heck, and Ms. Berkley) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to provide a 5-year recovery period for computer-based gambling machines.

1.

Five-year recover period for computer-based gambling machines

(a)

In general

Subparagraph (B) of section 168(e)(3) of the Internal Revenue Code of 1986 is amended by striking and at the end of clause (vi)(III), by striking the period at the end of clause (vii) and inserting , and, and by adding at the end the following new clause:

(viii)

any computer-based gambling machine, including slot machines and video lottery terminals.

.

(b)

Effective date

The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.