119th CONGRESS
1st Session
S. 1763


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

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).