Congress·In Committee·H.R. 2231

Motorsports Fairness and Permanency Act of 2025

Tax Depreciation for Motorsports Complexes: Make 7-Year Schedule Permanent

Mar 18, 2025·View on Congress.gov·Read full text

Part of: Congress Moves to Make Motorsports Tax Breaks Permanent

This bill is one vehicle in a longer effort. See the full story across every version.View effort →

StalledNext up: A house committeeNo action in 16 months

A house committee must act next: committee consideration.

Legislative Progress

House

No action since March 2025

Senate

President

Law

How we got here

This bill’s path across every version that has carried it.

Reintroduced
Reintroduced from H.R. 2696 (118th), which died when its Congress ended.
H.R. 2696 (118th) →

Key Points

Congress would lock in a tax rule that lets motorsports entertainment complexes write off construction costs over 7 years.
This mainly affects racetracks and related venues, which could lower their taxes in the early years after building or upgrading.
Supporters say it helps track owners plan long-term and encourages investment in repairs, upgrades, and new projects.
Because it’s a tax change aimed at one industry, most people won’t see a direct change unless they work for or do business with these venues.

TaxesSmall BusinessEconomy

Impact Analysis

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Milestones

2 milestones2 actions

Mar 18, 2025House

Referred to the House Committee on Ways and Means.

Mar 18, 2025

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

No votes or news coverage recorded for this bill yet.

Source Information

Document Type

Congressional Bill

Official Title

Motorsports Fairness and Permanency Act of 2025

Bill NumberHR 2231

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Ways and Means.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(30)

D: 6R: 24

Analysis generated by AI. Always verify with official sources.