S. 1141
Referred to CommitteeMotorsports Fairness and Permanency Act of 2019
Introduced 4/11/2019•116th Congress•Senate
Latest Action
Read twice and referred to the Committee on Finance.
4/11/2019 • Senate
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 Senate • 4/11/2019
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Topics & Subjects
Policy Area: Taxation
Business investment and capitalIncome tax deductionsMotor vehiclesSports and recreation facilities
Congressional Votes (0)
No recorded votes yet
Roll call votes will appear here as the bill moves through Congress
Related Federal Spending
Sponsor & Cosponsors (11)
Party Breakdown
6
Democrats
5
Republicans
0
Independents
Sponsor
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Cosponsors (10)
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Bill Journey
Originated in the Senate
Introduced
April 11, 2019
Read twice and referred to the Committee on Finance.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in Senate4/11/2019