US SB1174 | 2011-2012 | 112th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on June 9 2011 - 25% progression, died in committee
Action: 2011-06-09 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 9 2011 - 25% progression, died in committee
Action: 2011-06-09 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Motorsports Fairness and Permanency Act - Amends the Internal Revenue Code to make permanent the classification, for depreciation purposes, of any motorsports entertainment complex as seven-year property.
Title
Motorsports Fairness and Permanency Act
Sponsors
| Sen. Debbie Stabenow [D-MI] | Sen. Richard Burr [R-NC] | Sen. Robert Casey [D-PA] | Sen. Thad Cochran [R-MS] |
| Sen. Kay Hagan [D-NC] | Sen. Dean Heller [R-NV] | Sen. Johnny Isakson [R-GA] | Sen. Jon Kyl [R-AZ] |
| Sen. Jerry Moran [R-KS] | Sen. Bill Nelson [D-FL] | Sen. Pat Roberts [R-KS] | Sen. Jeanne Shaheen [D-NH] |
| Sen. Jim Webb [D-VA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-06-09 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB673 (Related) 2011-05-11 - Ms. Berkley asked unanimous consent to be the first sponsor of H.R. 673, and to have the authority to add co-sponsors. Agreed to without objection.
HB3087 (Related) 2011-10-04 - Referred to the House Committee on Ways and Means.
HB3087 (Related) 2011-10-04 - Referred to the House Committee on Ways and Means.
Subjects
Business investment and capital
Income tax deductions
Motor vehicles
Sports and recreation facilities
Taxation
Income tax deductions
Motor vehicles
Sports and recreation facilities
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/1174/all-info |
| Text | https://www.congress.gov/112/bills/s1174/BILLS-112s1174is.pdf |
