House Bill 2137
116th Congress(2019-2020)
Motorsports Fairness and Permanency Act of 2019
Introduced
Introduced in House on Apr 8, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2137
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
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.
April 8, 2019
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04/08/2019
Referred to the House Committee on Ways and Means.
04/08/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 7:17:13 PM