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United States · Bill · S

S. 557 (110th)

Motorsports Fairness and Permanency Act of 2007

referredUnited States· United States Congress· EN

Introduced

12 February 2007

Last action

12 February 2007 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Schumer, Charles E. [D-NY], Sen. Roberts, Pat [R-KS], Sen. Nelson, Bill [D-FL], Sen. Dole, Elizabeth [R-NC], Sen. Stabenow, Debbie [D-MI], Sen. Kyl, Jon [R-AZ], Sen. Lugar, Richard G. [R-IN], Sen. Sununu, John E. [R-NH], Sen. Burr, Richard [R-NC], Sen. Chambliss, Saxby [R-GA], Sen. Warner, John [R-VA], Sen. Sessions, Jeff [R-AL], Sen. Isakson, Johnny [R-GA], Sen. Bayh, Evan [D-IN], Sen. Webb, Jim [D-VA], Sen. Ensign, John [R-NV], Sen. DeMint, Jim [R-SC], Sen. Durbin, Richard J. [D-IL]

Subjects

Taxation

Source updated

5 December 2025

Taxation

Summary

Motorsports Fairness and Permanency Act of 2007 - Amends the Internal Revenue Code to make permanent the classification, for depreciation purposes, of any motorsports entertainment complex as seven year property.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 February 2007

    Introduced

    Sponsor introductory remarks on measure. (CR S1863-1864)

    Source: IntroReferral

  2. 12 February 2007

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  3. 12 February 2007

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 12 February 2007

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 12 February 2007

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 12 February 2007

    Open at official source

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Sponsors

Related records

Sources

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