H.R. 2137
Referred to CommitteeMotorsports Fairness and Permanency Act of 2019
Introduced 4/8/2019•116th Congress•House
Latest Action
Referred to the House Committee on Ways and Means.
4/8/2019 • House
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.
Introduced in House • 4/8/2019
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Topics & Subjects
Policy Area: Taxation
Business investment and capitalIncome tax deductionsMotor vehiclesSports and recreation facilities
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (38)
Party Breakdown
19
Democrats
19
Republicans
0
Independents
Sponsor
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Cosponsors (37)
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Bill Journey
Originated in the House
Introduced
April 8, 2019
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House4/8/2019