HOUSE 2137116th CongressReferred to the House Committee on Ways and Means.
Motorsports Fairness and Permanency Act of 2019
- Last Action
- 4/8/2019
Actions
- 2019-04-08Referred to the House Committee on Ways and Means.
- 2019-04-08Introduced in House
- 2019-04-08Introduced in House
CRS Summary
As of 2019-04-08 (00)
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.
Cosponsors (20)
- Tom Reed (R-NY)
- Bill Posey (R-FL)
- Chris Pappas (D-NH)
- Jimmy Panetta (D-CA)
- Steve Watkins (R-KS)
- SANFORD BISHOP (D-GA)
- Jackie Walorski (R-IN)
- David Scott (D-GA)
- Michael Waltz (R-FL)
- John Katko (R-NY)
- Richard Hudson (R-NC)
- Thomas Suozzi (D-NY)
- A. Ferguson (R-GA)
- Doug LaMalfa (R-CA)
- Mike Rogers (R-AL)
- Matt Cartwright (D-PA)
- Tom Rice (R-SC)
- Norma Torres (D-CA)
- GRACE NAPOLITANO (D-CA)
- Abigail Spanberger (D-VA)
Subjects
- Business investment and capital
- Income tax deductions
- Motor vehicles
- Sports and recreation facilities
Sourced from Congress.gov (public domain).
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