H.R. 9999 Sec. 7. Extension of certain depreciation rules

H.R. 9999 · Reported in House · Sec. 7

Sponsor: Rep. Jordan Example (R-XX-3) · Cosponsors: 12 (5 D, 7 R)

What the bill says it does

Official summary (Congressional Research Service), as of Oct 22, 2026

This bill establishes a competitive grant program within the National Telecommunications and Information Administration for broadband deployment in unserved and underserved rural areas, authorizes grants for broadband adoption, and requires the Federal Communications Commission to update the National Broadband Map at least every six months.

Doesn’t match the title or summary

Sec. 7

Sec. 7. Extension of certain depreciation rules

Sec. 7 is not described by this bill’s title or official summary.

This section changes the tax depreciation period for racehorses; the title and summary do not mention tax provisions.

Exact text of Sec. 7 (Reported in House)

Section 168(e)(3)(A)(i) of the Internal Revenue Code of 1986 is amended by striking “January 1, 2027” and inserting “January 1, 2035”, and such amendment [quoted: shall apply to any racehorse placed in service after the date of enactment of this Act].

AI-drafted · reviewed and approved by 2 people · rubric v1.0-mock · mock-model · published Oct 30, 2026

A flag means only that this section isn’t described by the bill’s title or summary. It is not a claim that the section is wasteful, improper or added for any reason. Read the full disclaimer.

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Cite this

Porkbarrel.ai, “Sec. 7. Extension of certain depreciation rules” in H.R. 9999, Rural Broadband and Infrastructure Modernization Act of 2026 (119th Congress, Reported in House), flag published Oct 30, 2026, rubric v1.0-mock. https://porkbarrel.ai/bills/119-hr-9999/flags/f-depreciation