H.R. 2137 · 116th Congress
Motorsports Fairness and Permanency Act of 2019
- Stage
- In committee
- Sponsor
- Mike Thompson
- Introduced
- 2019-04-08
- Latest action
- 2019-04-08 · Introduced in House
Summary
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.