Bill Sponsor
Senate Bill 1141
116th Congress(2019-2020)
Motorsports Fairness and Permanency Act of 2019
Introduced
Introduced
Introduced in Senate on Apr 11, 2019
Overview
Text
Introduced
Apr 11, 2019
Latest Action
Apr 11, 2019
Origin Chamber
Senate
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
1141
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.
Sponsorship by Party
Democrat
Michigan
Democrat
Alabama
Democrat
Michigan
Republican
Mississippi
Democrat
New Hampshire
Democrat
New Hampshire
Republican
North Carolina
Republican
South Carolina
Democrat
Virginia
Senate Votes (0)
House Votes (0)
No Senate 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.

Text (1)
April 11, 2019
Actions (2)
04/11/2019
Read twice and referred to the Committee on Finance.
04/11/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 7:47:18 PM