S 441 · 109th Congress · Taxation

Motorsports Fairness and Permanency Act of 2005

Introduced 2005-02-17· Sponsored by Sen. Santorum, Rick [R-PA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2005-02-17)

Plain Language Summary

[AI summary unavailable — showing source text] Motorsports Fairness and Permanency Act of 2005 - Amends the Internal Revenue Code to make permanent the classification, for depreciation purposes, of any motorsports entertainment complex as seven year property.…

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

Cosponsors (17)

2 Democrats15 Republicans