Motorsports Fairness and Permanency Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 45
- Latest action
- Mar 18, 2025
What it does
The bill would amend the Internal Revenue Code to make permanent the 7-year depreciation recovery period for motorsports entertainment complexes, which was previously set to expire. It affects owners and operators of such facilities by allowing them to continue claiming accelerated tax deductions for these properties. The change is achieved by removing a sunset provision (subparagraph (D)) in Section 168(i)(15) of the tax code.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.