US SB1763 | 2025-2026 | 119th Congress
Status
Sponsorship: Bipartisan Bill
Status: Introduced on May 14 2025 - 25% progression
Action: 2025-05-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 14 2025 - 25% progression
Action: 2025-05-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to make permanent the 7-year recovery period for motorsports entertainment complexes.
Title
Motorsports Fairness and Permanency Act of 2025
Sponsors
| Sen. Todd Young [R-IN] | Sen. Mark Warner [D-VA] | Sen. Ted Budd [R-NC] | Sen. Roger Wicker [R-MS] |
| Sen. Jeanne Shaheen [D-NH] | Sen. Marsha Blackburn [R-TN] | Sen. Ashley Moody [R-FL] | Sen. Tim Kaine [D-VA] |
| Sen. Margaret Hassan [D-NH] | Sen. Thom Tillis [R-NC] | Sen. Kirsten Gillibrand [D-NY] | Sen. Elissa Slotkin [D-MI] |
| Sen. Lisa Rochester [D-DE] | Sen. Lindsey Graham [R-SC] | Sen. Gary Peters [D-MI] | Sen. Katie Boyd Britt [R-AL] |
| Sen. Tommy Tuberville [R-AL] | Sen. Tim Sheehy [R-MT] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-05-14 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2231 (Same As) 2025-03-18 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/119th-congress/senate-bill/1763/all-info |
| Text | https://www.congress.gov/119/bills/s1763/BILLS-119s1763is.pdf |
