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