HR 2900 · 108th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide for a 7-year recovery period for motorsports entertainment complexes.

Introduced 2003-07-25· Sponsored by Rep. Hayworth, J. D. [R-AZ-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2003-07-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to classify any motorsports entertainment complex asset as 7-year property for purposes of the accelerated cost recovery system.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

2 Democrats18 Republicans
Rep. Jefferson, William J. [D-LA-2]LA
Rep. Foley, Mark [R-FL-16]FL
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Cantor, Eric [R-VA-7]VA
Rep. Houghton, Amo [R-NY-29]NY
Rep. Hayes, Robin [R-NC-8]NC
Rep. Feeney, Tom [R-FL-24]FL
Rep. Rogers, Mike D. [R-AL-3]AL
Rep. English, Phil [R-PA-3]PA
Rep. Weller, Jerry [R-IL-11]IL
Rep. McInnis, Scott [R-CO-3]CO
Rep. Camp, Dave [R-MI-4]MI
Rep. Ballenger, Cass [R-NC-10]NC
Rep. Goode, Virgil H., Jr. [R-VA-5]VA
Rep. Burr, Richard [R-NC-5]NC
Rep. Boyd, Allen [D-FL-2]FL
Rep. Sullivan, John [R-OK-1]OK
Rep. Reynolds, Thomas M. [R-NY-26]NY
Rep. Souder, Mark E. [R-IN-3]IN
Rep. Myrick, Sue Wilkins [R-NC-9]NC