I
119th CONGRESS
1st Session
H. R. 2231
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
A BILL
To amend the Internal Revenue Code of 1986 to make permanent the 7-year recovery period for motorsports entertainment complexes.
Section 1. Short title
This Act may be cited as the Motorsports Fairness and Permanency Act of 2025
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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).