A bill to provide predictability and certainty in the tax law, create jobs, and encourage investment.
USA115th CongressS-2540| Senate
| Updated: 3/13/2018
Debbie Stabenow
Democratic Senator
Michigan
Cosponsors (11)
Finance 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 classification, for depreciation purposes, of any motorsports entertainment complex as seven-year property.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Business investment and capitalIncome tax deductionsMotor vehiclesSports and recreation facilities
A bill to provide predictability and certainty in the tax law, create jobs, and encourage investment.
USA115th CongressS-2540| Senate
| Updated: 3/13/2018
Motorsports Fairness and Permanency Act This bill amends the Internal Revenue Code to make permanent the classification, for depreciation purposes, of any motorsports entertainment complex as seven-year property.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Debbie Stabenow
Democratic Senator
Michigan
Cosponsors (11)
Finance Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Business investment and capitalIncome tax deductionsMotor vehiclesSports and recreation facilities