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Home > Federal Government > S.2247
Chief Sponsor:

Pat Roberts

Tagged in: Business, Depreciation and amortization, Income tax, Motor vehicles, Sports, Sports facilities, Tax deductions, Taxation, Transportation

Latest Update: Saturday, October, 11th 2008

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

10/26/2007--Introduced.

Motorsports Tax Fairness Act - 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
  • 11/01/2007 - Sponsor introductory remarks on measure. (CR S13680-13681)
  • 10/29/2007 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 454.
  • 10/26/2007 - Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Bill Text
File name Last Updated
S.2247 Placed on Calendar in Senate11/01/2007