US HB3087 | 2011-2012 | 112th Congress
Status
Sponsorship: Slight Partisan Bill (Republican 19-7)
Status: Introduced on October 4 2011 - 25% progression, died in committee
Action: 2011-10-04 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 4 2011 - 25% progression, died in committee
Action: 2011-10-04 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Motorsports Fairness and Permanency Act of 2011 - Amends the Internal Revenue Code to make permanent the classification, for depreciation purposes, of any motorsports entertainment complex as seven-year property.
Title
Motorsports Fairness and Permanency Act of 2011
Sponsors
| Rep. Vern Buchanan [R-FL] | Rep. Sandy Adams [R-FL] | Rep. Joe Barton [R-TX] | Rep. Shelley Berkley [D-NV] |
| Rep. Dan Burton [R-IN] | Rep. Andre Carson [D-IN] | Rep. Mario Diaz-Balart [R-FL] | Rep. Raul Grijalva [D-AZ] |
| Rep. Robert Hurt [R-VA] | Rep. Adam Kinzinger [R-IL] | Rep. Larry Kissell [D-NC] | Rep. David Loebsack [D-IA] |
| Rep. Donald Manzullo [R-IL] | Rep. Thaddeus McCotter [R-MI] | Rep. Patrick McHenry [R-NC] | Rep. John Mica [R-FL] |
| Rep. Bill Posey [R-FL] | Rep. Tom Reed [R-NY] | Rep. Mike D. Rogers [R-AL] | Rep. Aaron Schock [R-IL] |
| Rep. Pete Sessions [R-TX] | Rep. Mike Thompson [D-CA] | Rep. Tim Walberg [R-MI] | Rep. Debbie Wasserman Schultz [D-FL] |
| Rep. Lynn Westmoreland [R-GA] | Rep. Robert Wittman [R-VA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-10-04 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
HB673 (Same As) 2011-05-11 - Ms. Berkley asked unanimous consent to be the first sponsor of H.R. 673, and to have the authority to add co-sponsors. Agreed to without objection.
SB1174 (Related) 2011-06-09 - Read twice and referred to the Committee on Finance.
SB1174 (Related) 2011-06-09 - Read twice and referred to the Committee on Finance.
Subjects
Business investment and capital
Income tax deductions
Motor vehicles
Sports and recreation facilities
Taxation
Income tax deductions
Motor vehicles
Sports and recreation facilities
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/3087/all-info |
| Text | https://www.congress.gov/112/bills/hr3087/BILLS-112hr3087ih.pdf |
