Senate Bill
S. 1763
Motorsports Fairness and Permanency Act of 2025
Primary Sponsor
Mark Kelly
Senator
Cosponsors
0
Quick Stats
Policy Area
Summary
This bill makes the seven-year depreciation period for motorsports entertainment complexes permanent under the tax code. Previously a temporary provision, this allows racetracks and motorsports facilities to recover their construction and improvement costs over seven years rather than the standard 39-year period.
Latest Action
Read twice and referred to the Committee on Small Business and Entrepreneurship.
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Vote Prediction
Motorsports Fairness and Permanency Act of 2025
This bill makes the seven-year depreciation period for motorsports entertainment complexes permanent under the tax code. Previously a temporary provision, this allows racetracks and motorsports facilities to recover their construction and improvement costs ove
Community Breakdown
Pass
0%
Fail
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0 predictions
This bill makes the seven-year depreciation period for motorsports entertainment complexes permanent under the tax code. Previously a temporary provision, this allows racetracks and motorsports facilities to recover their construction and improvement costs over seven years rather than the standard 39-year period.
- Bill Number
- 1763
- Sponsor
- Mark Kelly (D-AZ)
- Introduced
- 5/14/2025
- Status
- Read twice and referred to the Committee on Finance.
- Policy Area
- Commerce
Data from Congress.gov
Fact Sheet
- Title
- Motorsports Fairness and Permanency Act of 2025
- Bill Number
- 1763
- Sponsor
- Mark Kelly (D-AZ)
- Status
- Read twice and referred to the Committee on Finance.
- Introduced
- 5/14/2025
- Summary
- This bill makes the seven-year depreciation period for motorsports entertainment complexes permanent under the tax code. Previously a temporary provision, this allows racetracks and motorsports facilities to recover their construction and improvement costs over seven years rather than the standard 3
Data from Congress.gov
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