Motorsports Fairness and Permanency Act of 2025

This bill locks in a tax rule for motorsports entertainment complexes, like racetracks. It makes the “7-year recovery period” permanent. In simple terms, it lets these facilities write off the cost of their buildings and improvements over seven years for tax purposes, and it would no longer expire or need renewal .

Here’s what that means at a glance:

• Affected: Owners and operators of motorsports entertainment complexes (for example, racetracks) .
• What changes: The seven-year schedule for recovering (depreciating) their costs becomes permanent in the tax code .
• When: The bill’s change is to make the rule permanent going forward, rather than temporary .