Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.1524
S.1524: A bill to amend the Internal Revenue Code of 1986 to allow a 7-year applicable recovery period for depreciation of motorsports entertainment complexes.
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced July 31, 2003
- Latest Major Action July 31, 2003
Bill Sponsor
Bill Cosponsors
9 (2 Democrats, 8 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 |
---|---|
Sponsor introductory remarks on measure.
|
|
Read twice and referred to the Committee on Finance.
|
|
July 31, 2003 |
Introduced in the Senate by Richard J. Santorum (R-Pa.) |