S. 2247Senate110th Congress (2007-2009)Introduced

Motorsports Tax Fairness Act

Introduced October 26, 2007

Legislative Activity

Stay on top of the latest movement without scrolling through every action

3 earlier actions
SenateIntro Referral Latest Action

Sponsor introductory remarks on measure. (CR S13680-13681)

November 1, 2007

View full timeline
SenateIntro Referral

Introduced in Senate

October 26, 2007

SenateCalendars

Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

October 26, 2007

SenateCalendars

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 454.

October 29, 2007

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S13680-13681)

November 1, 2007

Floor Debate

3 members

What members said about S. 2247 on the floor

1 Republican2 Democrats
James M. Inhofe
Sen. James M. InhofeR-OK · Nov 1, 2007

Mr. President, I ask unanimous consent that the Senate proceed to the immediate consideration of S. 2247, a bill to make permanent the depreciation of motorsports entertainment complexes, and that…

Harry Reid
Sen. Harry ReidD-NV · Oct 26, 2007

Mr. President, I understand that there is a bill at the desk due for its first reading. Mr. President, I ask for a second reading, and in order to place the bill on the calendar under the provisions…

Harry Reid
Sen. Harry ReidD-NV · Oct 29, 2007

Madam President, I understand that S. 2247 is at the desk and is due for a second reading. Madam President, I object to any further proceedings with respect to this legislation.

Max Baucus
Sen. Max BaucusD-MT · Nov 1, 2007

Mr. President, I can short-circuit this charade. I object.

Bill Text

Latest available legislative text

Reading Mode
Latest
Placed on Calendar SenateIssued October 29, 2007

II

Calendar No. 454

110th CONGRESS

1st Session

S. 2247

IN THE SENATE OF THE UNITED STATES

October 26, 2007

Mr. Roberts introduced the following bill; which was read the first time

October 29, 2007

Read the second time and placed on the calendar

A BILL

To amend the Internal Revenue Code of 1986 to make permanent the depreciation classification of motorsports entertainment complexes.

1.

Short title

This Act may be cited as the Motorsports Tax Fairness Act.

2.

7-year class life for motorsports entertainment complex facilities made permanent

Section 168(i)(15) of the Internal Revenue Code of 1986 (defining motorsports entertainment complex) is amended by striking subparagraph (D).

October 29, 2007

Read the second time and placed on the calendar