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.
Business investment and capitalIncome tax deductionsMotor vehiclesSports and recreation facilities
Motorsports Fairness and Permanency Act of 2019
USA116th CongressHR-2137| House
| Updated: 4/8/2019
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.