S. 1141
116th Congress
Senate
Motorsports Fairness and Permanency Act of 2019
Official title: A bill to provide predictability and certainty in the tax law, create jobs, and encourage investment.
Taxation
Business investment and capitalIncome tax deductionsMotor vehiclesSports and recreation facilities
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 11, 2019
Read twice and referred to the Committee on Finance.
Apr 11, 2019
Introduced in Senate
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Latest action
Read twice and referred to the Committee on Finance.
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.
Related & companion bills
2
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). S. 1141: Motorsports Fairness and Permanency Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-S-1141/
"S. 1141: Motorsports Fairness and Permanency Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-1141/.
S. 1141, 116th Cong. (2026), https://openamerica.io/bill/116-S-1141/.
[S. 1141: Motorsports Fairness and Permanency Act of 2019](https://openamerica.io/bill/116-S-1141/)