Motorsports Fairness and Permanency Act of 2025

Hozzl · 2025-06-10T20:54:24Z

Explore the details of Senate Bill 1763 Motorsports Fairness and Permanency Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

6/10/2025, 8:54 PM

Summary of Bill S 1763

This bill aims to amend the Internal Revenue Code of 1986 by making permanent the 7-year recovery period for motorsports entertainment complexes. Introduced in the 119th Congress on May 14, 2025.

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Current Status of Bill S 1763

Bill S 1763 is currently in the status of Bill Introduced since May 14, 2025. Bill S 1763 was introduced during Congress 119 and was introduced to the Senate on May 14, 2025. Bill S 1763's most recent activity was Read twice and referred to the Committee on Finance. as of May 14, 2025

Bipartisan Support of Bill S 1763

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1763

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 1763

A bill to amend the Internal Revenue Code of 1986 to make permanent the 7-year recovery period for motorsports entertainment complexes.

Comments

Ismael Henson

612

8 months ago

I think this bill is good for motorsports. Can't wait to see how it plays out!

Ryan Pate

695

8 months ago

This bill is just ridiculous. It's going to mess everything up for us regular folks. I can't believe they would even consider passing it. And did you know that it includes a provision that would require all motor vehicles to be painted neon pink? Can you imagine that on the roads? It's a disaster waiting to happen.