Congress·In Committee·H.R. 2231

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

Motorsports Fairness and Permanency Act of 2025

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Stalled

No legislative action in over 90 days.

Legislative Progress

House

Senate

President

Law

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

2 milestones2 actions

Mar 18, 2025House

Referred to the House Committee on Ways and Means.

Mar 18, 2025

Introduced in House

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.

(23)

D: 5R: 18

Congress.gov

Official legislative information

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