A bill to amend the Internal Revenue Code of 1986 to allow a 7-year applicable recovery period for depreciation of motorsports entertainment complexes.

referredUnited States· United States Congress· EN

Introduced

31 July 2003

Last action

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Status

Read twice and referred to the Committee on Finance.

Summary

Amends the Internal Revenue Code to classify any motorsports entertainment complex asset as 7-year property for purposes of the accelerated cost recovery system.

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Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 31 July 2003
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Introduced in Senate (PDF)
Introduced in Senate · EN · 31 July 2003
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Introduced in Senate
summary · EN · 31 July 2003
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Sources

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Official source: https://www.congress.gov/bill/108th-congress/senate-bill/1524
Open data entity: https://api.congress.gov/v3/bill/108/s/1524