S 1624
114th Congress
Senate
Taxation
Business investment and capital
Income tax deductions
Motor vehicles
Sports and recreation facilities
Motorsports Fairness and Permanency Act
Introduced: June 18, 2015
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 18, 2015
Read twice and referred to the Committee on Finance.
Jun 18, 2015
Introduced in Senate
Plain-English summary
Motorsports Fairness and Permanency Act
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
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1