HR 2137
116th Congress
House
Taxation
Business investment and capital
Income tax deductions
Motor vehicles
Sports and recreation facilities
Motorsports Fairness and Permanency Act of 2019
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 8, 2019
Referred to the House Committee on Ways and Means.
Apr 8, 2019
Introduced in House
Plain-English summary
Motorsports Fairness and Permanency Act of 2019
This bill modifies the requirements for calculating taxable income to make permanent the accelerated depreciation (seven-year recovery period) of motorsports entertainment complexes.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1