HR 4674 · 117th Congress · Taxation

Motorsports Fairness and Permanency Act of 2021

Introduced 2021-07-22· Sponsored by Rep. Thompson, Mike [D-CA-5]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-07-22)

Plain Language Summary

[AI summary unavailable — showing source text] Motorsports Fairness and Permanency Act of 2021 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 (8)

2 Democrats6 Republicans
Rep. Sewell, Terri A. [D-AL-7]AL
Rep. Murphy, Stephanie N. [D-FL-7]FL
Rep. Posey, Bill [R-FL-8]FL
Rep. Reed, Tom [R-NY-23]NY
Rep. Walorski, Jackie [R-IN-2]IN
Rep. Ferguson, A. Drew, IV [R-GA-3]GA
Rep. Waltz, Michael [R-FL-6]FL
Rep. Hudson, Richard [R-NC-8]NC