A bill to amend the Internal Revenue Code of 1986 to make permanent the 7-year recovery period for motorsports entertainment complexes.
Motorsports Fairness and Permanency Act of 2021
This bill makes permanent the accelerated depreciation (seven-year recovery period) of motorsports entertainment complexes.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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