Motorsports Fairness and Permanency Act of 2019
Latest action · Apr 11, 2019 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.
- IntroducedApr 11, 2019
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Motorsports Fairness and Permanency Act of 2019
This bill modifies the requirements for calculating taxable income to make permanent the accelerated depreciation (seven-year recovery period) of motorsports entertainment complexes.
Cosponsors 10
Members who signed on, in the order they did. Signatures ran from Apr 11, 2019 to Sep 23, 2019, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NC | Richard Burr | Original | Apr 11, 2019 |
| D-NH | Jeanne Shaheen | Jul 23, 2019 | |
| R-MS | Roger F. Wicker | Jul 23, 2019 | |
| D-MI | Gary C. Peters | Jul 25, 2019 | |
| R-KS | Jerry Moran | Jul 25, 2019 | |
| D-AL | Doug Jones | Aug 1, 2019 | |
| R-SC | Lindsey Graham | Aug 1, 2019 | |
| D-VA | Mark R. Warner | Sep 9, 2019 | |
| R-AZ | Martha McSally | Sep 18, 2019 | |
| D-NH | Margaret Wood Hassan | Sep 23, 2019 |
Actions 2
Everything that happened, newest first.
- Apr 11, 2019Introduced in Senate
- Apr 11, 2019Read twice and referred to the Committee on Finance.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 617 | Tax Extender and Disaster Relief Act of 2019 | Related bill | Mar 4, 2019 |
| HR 2137 | Motorsports Fairness and Permanency Act of 2019 | Related bill | Apr 8, 2019 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 11, 2019Introduced 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.