Section 1 Short title
This Act may be cited as the “Motorsports Fairness and Permanency Act”.
Motorsports Fairness and Permanency Act
A BILL
To provide predictability and certainty in the tax law, create jobs, and encourage investment.
Sec. 2 7-year class life for motorsports entertainment complex facilities made permanent
Section 168(i)(15) of the Internal Revenue Code of 1986 is amended by striking subparagraph (D).