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H.R.1304 - Federal Government - To amend the Internal Revenue Code of 1986 to make permanent the depreciation classification of motorsports entertainment complexes.

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To amend the Internal Revenue Code of 1986 to make permanent the depreciation classification of motorsports entertainment complexes.

3/1/2007--Introduced.

Motorsports Fairness and Permanency Act of 2007 - Amends the Internal Revenue Code to make permanent the classification, for depreciation purposes, of any motorsports entertainment complex as seven year property.

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Latest Actions

03/01/2007 - Sponsor introductory remarks on measure. (CR E443)
03/01/2007 - Referred to the House Committee on Ways and Means.

Bill Text

File name		Last Updated
	H.R.1304 Introduced in House	08/31/2007

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Mike Thompson

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