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S. 1141 · 116th Congress

Motorsports Fairness and Permanency Act of 2019

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

10 cosponsors · 5 D, 5 R

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill modifies the requirements for calculating taxable income to make permanent the accelerated depreciation (seven-year recovery period) of motorsports entertainment complexes.

What it does: CRS summary · Introduced in Senate · Apr 11, 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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Motorsports Fairness and Permanency Act of 2019

Latest action (Apr 11, 2019): Read twice and referred to the Committee on Finance.

Policy area: Taxation · Origin: Senate · Introduced: Apr 11, 2019

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.