HR 1304
110th Congress
House
Taxation
Commerce
Depreciation and amortization
Income tax
Motor vehicles
Sports and Recreation
Sports facilities
Tax deductions
Transportation and Public Works
Motorsports Fairness and Permanency Act of 2007
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 1, 2007
Referred to the House Committee on Ways and Means.
Mar 1, 2007
Sponsor introductory remarks on measure. (CR E443)
Mar 1, 2007
Introduced in House
Plain-English summary
Motorsports Fairness and Permanency Act of 2007 - Amends the Internal Revenue Code to make permanent the classification, for depreciation purposes, of any motorsports entertainment complex as seven year property.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1