II
119th CONGRESS
1st Session
S. 1763
IN THE SENATE OF THE UNITED STATES
May 14, 2025
Mr. Young (for himself and Mr. Warner) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to make permanent the 7-year recovery period for motorsports entertainment complexes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
Section 1. Short title
This Act may be cited as the
Motorsports Fairness and Permanency Act of
2025
.
Sec. 2. 7-year recovery period for motorsports entertainment complexes made permanent
Section 168(i)(15) of the Internal Revenue Code of 1986 is amended by striking subparagraph (D).