S-1141 : Still Just a Bill


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.

Action Timeline

Action DateTypeTextSource
2019-04-11IntroReferralRead twice and referred to the Committee on Finance.Senate
2019-04-11IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

Taxation
Related Subjects
  • Business investment and capital
  • Income tax deductions
  • Motor vehicles
  • Sports and recreation facilities
Related Geographic Entities
Related Organizations

Related Bills

See Related Bills