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H.R. 2137

Motorsports Fairness and Permanency Act of 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.

Referred to the House Committee on Ways and Means.

Rep. Thompson, Mike [D-CA-5](D-CA)Sponsor
37 cosponsors18 D19 R
37cosponsors1committees3actions2related bills4subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Motorsports Fairness and Permanency Act of 2019 — Informed