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

USA115th CongressHR-2091| House 
| Updated: 4/12/2017
Tom Reed

Tom Reed

Republican Representative

New York

Cosponsors (23)
David Loebsack (Democratic)John Katko (Republican)Bill Foster (Democratic)Sanford D. Bishop (Democratic)David Scott (Democratic)Jackie Walorski (Republican)Tim Walberg (Republican)Todd Rokita (Republican)Luke Messer (Republican)Ron DeSantis (Republican)Matt Cartwright (Democratic)Tom Rice (Republican)Richard Hudson (Republican)Chris Collins (Republican)Glenn Grothman (Republican)Bonnie Watson Coleman (Democratic)Adam Kinzinger (Republican)Mike Thompson (Democratic)Bill Posey (Republican)Susan W. Brooks (Republican)David P. Roe (Republican)Debbie Wasserman Schultz (Democratic)Grace F. Napolitano (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Motorsports Fairness and Permanency Act This bill amends the Internal Revenue Code to make permanent the accelerated depreciation (seven-year recovery period) of motorsports entertainment complexes.
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Timeline
Apr 12, 2017
Introduced in House
Apr 12, 2017
Referred to the House Committee on Ways and Means.
  • April 12, 2017
    Introduced in House
  • April 12, 2017
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 115-2256: A bill to amend the Internal Revenue Code of 1986 to extend expiring provisions, and for other purposes.
  • S 115-2540: A bill to provide predictability and certainty in the tax law, create jobs, and encourage investment.
Business investment and capitalIncome tax deductionsMotor vehiclesSports and recreation facilities

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

USA115th CongressHR-2091| House 
| Updated: 4/12/2017
Motorsports Fairness and Permanency Act This bill amends the Internal Revenue Code to make permanent the accelerated depreciation (seven-year recovery period) of motorsports entertainment complexes.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 12, 2017
Introduced in House
Apr 12, 2017
Referred to the House Committee on Ways and Means.
  • April 12, 2017
    Introduced in House
  • April 12, 2017
    Referred to the House Committee on Ways and Means.
Tom Reed

Tom Reed

Republican Representative

New York

Cosponsors (23)
David Loebsack (Democratic)John Katko (Republican)Bill Foster (Democratic)Sanford D. Bishop (Democratic)David Scott (Democratic)Jackie Walorski (Republican)Tim Walberg (Republican)Todd Rokita (Republican)Luke Messer (Republican)Ron DeSantis (Republican)Matt Cartwright (Democratic)Tom Rice (Republican)Richard Hudson (Republican)Chris Collins (Republican)Glenn Grothman (Republican)Bonnie Watson Coleman (Democratic)Adam Kinzinger (Republican)Mike Thompson (Democratic)Bill Posey (Republican)Susan W. Brooks (Republican)David P. Roe (Republican)Debbie Wasserman Schultz (Democratic)Grace F. Napolitano (Democratic)

Ways and Means Committee

Taxation

Related Bills

  • S 115-2256: A bill to amend the Internal Revenue Code of 1986 to extend expiring provisions, and for other purposes.
  • S 115-2540: A bill to provide predictability and certainty in the tax law, create jobs, and encourage investment.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business investment and capitalIncome tax deductionsMotor vehiclesSports and recreation facilities