II
112th CONGRESS
1st Session
S. 1174
IN THE SENATE OF THE UNITED STATES
June 9, 2011
Ms. Stabenow (for herself, Mr. Roberts, Mr. Nelson of Florida, Mrs. Hagan, Mr. Burr, and Mr. Kyl) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To provide predictability and certainty in the tax law, create jobs, and encourage investment.
Short title
This Act may be cited as the
Motorsports Fairness and Permanency
Act
.
7-year class life for motorsports entertainment complex facilities made permanent
Section 168(i)(15) of the Internal Revenue Code of 1986 is amended by striking subparagraph (D).