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H.R. 4674

Motorsports Fairness and Permanency Act of 2021

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.

Referred to the House Committee on Ways and Means.

Rep. Thompson, Mike [D-CA-5](D-CA)Sponsor
8 cosponsors2 D6 R
8cosponsors1committees3actions1related 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 2021 — Informed