HR 2231
Motorsports Fairness and Permanency Act of 2025
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 1:42 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill aims to make a tax provision permanent that currently allows businesses constructing motorsports entertainment complexes – such as race tracks and related facilities – to deduct the cost of their assets over seven years instead of the standard twelve. Currently, this provision is set to expire at the end of 2025. The bill permanently extends this accelerated depreciation schedule, providing financial benefits to these types of businesses. It specifically modifies a section of the Internal Revenue Code.
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