Motorsports Fairness and Permanency Act
Latest action · Jul 7, 2009 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 7, 2009
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Cosponsors 20
Members who signed on, in the order they did. Signatures ran from Jul 7, 2009 to Feb 22, 2010; 12 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Charles E. Schumer | Original | Jul 7, 2009 |
| D-NH | Jeanne Shaheen | Original | Jul 7, 2009 |
| R-GA | Johnny Isakson | Original | Jul 7, 2009 |
| R-AZ | Jon Kyl | Original | Jul 7, 2009 |
| D-NC | Kay R. Hagan | Original | Jul 7, 2009 |
| R-SC | Lindsey Graham | Original | Jul 7, 2009 |
| D-LA | Mary L. Landrieu | Original | Jul 7, 2009 |
| R-KS | Pat Roberts | Original | Jul 7, 2009 |
| R-NC | Richard Burr | Original | Jul 7, 2009 |
| R-IN | Richard G. Lugar | Original | Jul 7, 2009 |
| D-IL | Richard J. Durbin | Original | Jul 7, 2009 |
| R-GA | Saxby Chambliss | Original | Jul 7, 2009 |
| R-AL | Jeff Sessions | Jul 15, 2009 | |
| R-KS | Sam Brownback | Oct 26, 2009 | |
| R-NV | John Ensign | Oct 27, 2009 | |
| D-VA | Jim Webb | Dec 9, 2009 | |
| D-FL | Bill Nelson | Jan 22, 2010 | |
| R-FL | George S. LeMieux | Jan 27, 2010 | |
| D-PA | Robert P. Casey Jr. | Feb 9, 2010 | |
| D-NY | Kirsten E. Gillibrand | Feb 22, 2010 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Jul 7, 2009 |
Actions 2
Everything that happened, newest first.
- Jul 7, 2009Introduced in Senate
- Jul 7, 2009Read twice and referred to the Committee on Finance.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1974 | Motorsports Fairness and Permanency Act of 2009 | Related bill | Apr 2, 2009 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to make permanent the depreciation classification of motorsports entertainment complexes.
- Short Titles as Introduced
- Motorsports Fairness and Permanency Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jul 7, 2009Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.