Motorsports Fairness and Permanency Act of 2025

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2231 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 2231

To amend the Internal Revenue Code of 1986 to make permanent the 7-year 
        recovery period for motorsports entertainment complexes.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 18, 2025

 Ms. Tenney (for herself, Mr. Thompson of California, Mr. Hudson, Ms. 
Sewell, Mr. Yakym, and Ms. Wasserman Schultz) introduced the following 
      bill; which was referred to the Committee on Ways and Means

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                                 A BILL


 
To amend the Internal Revenue Code of 1986 to make permanent the 7-year 
        recovery period for motorsports entertainment complexes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Motorsports Fairness and Permanency 
Act of 2025''.

SEC. 2. 7-YEAR RECOVERY PERIOD FOR MOTORSPORTS ENTERTAINMENT COMPLEXES 
              MADE PERMANENT.

    Section 168(i)(15) of the Internal Revenue Code of 1986 is amended 
by striking subparagraph (D).
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