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.

1.

Short title

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

2.

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