S 1141 · 116th Congress · Taxation
Motorsports Fairness and Permanency Act of 2019
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2019-04-11)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (10)
5 Democrats5 Republicans