H.R. 5465 — To amend the Internal Revenue Code of 1986 to provide a 5-year recovery period for computer-based gambling machines.

Summary

Amends the Internal Revenue Code to classify any computer-based gambling machine, including slot machines and video lottery terminals, as five-year property for depreciation purposes.

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Legislative Actions

2010-05-28
Introduced in House
2010-05-28
Introduced in House
2010-05-28
Referred to the House Committee on Ways and Means.

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

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