H.R. 2231 — Introduced in House

I 119th CONGRESS 1st Session H. R. 2231 IN THE HOUSE OF REPRESENTATIVES March 18, 2025Ms. Tenney (for herself, Mr. Thompson of California, Mr. Hudson, Ms. Sewell, Mr. Yakym, and Ms. Wasserman Schultz) introduced the following bill; which was referred to the Committee on Ways and Means 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).