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- H.R.2900
H.R.2900: To amend the Internal Revenue Code of 1986 to provide for a 7-year recovery period for motorsports entertainment complexes.
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced July 25, 2003
- Latest Major Action July 25, 2003
Bill Sponsor
Bill Cosponsors
66 (18 Democrats, 49 Republicans)
Bill Summary
Amends the Internal Revenue Code to classify any motorsports entertainment complex asset as 7-year property for purposes of the accelerated cost recovery system.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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July 25, 2003 |
Introduced in the House by John D. Hayworth (R-Ariz.) |