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.

1.

Short title

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

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).