S. 1763

119th CONGRESS 1st Session

To amend the Internal Revenue Code of 1986 to make permanent the 7-year recovery period for motorsports entertainment complexes.

IN THE SENATE OF THE UNITED STATES · May 14, 2025 · Sponsor: Mr. Young · Committee: Committee on Finance

Table of contents

• S. 1763
  • SEC. 1. Short title
  • SEC. 2. 7-year recovery period for motorsports entertainment complexes made permanent

SEC. 1. Short title

• This Act may be cited as the Motorsports Fairness and Permanency Act of 2025.
• Short title

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).
• 7-year recovery period for motorsports entertainment complexes made permanent