H.R. 4674 · 117th Congress
Motorsports Fairness and Permanency Act of 2021
- Stage
- In committee
- Sponsor
- Mike Thompson
- Introduced
- 2021-07-22
- Latest action
- 2021-07-22 · Introduced in House
Summary
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.