109th CONGRESS
1st Session
S. 441
To amend the Internal Revenue Code of 1986 to make permanent the
classification of a motorsports entertainment complex.
IN THE SENATE OF THE UNITED STATES
February 17, 2005
Mr. SANTORUM (for himself, Mr. NELSON of Florida, Mr. KYL, Mr. ALLEN, Mr.
BUNNING, Mrs. DOLE, and Mr. CHAMBLISS) introduced the following bill; which
was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to make permanent the
classification of a motorsports entertainment complex.
Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Motorsports Fairness and Permanency Act of 2005'.
SEC. 2. 7-YEAR CLASS LIFE FOR MOTORSPORTS ENTERTAINMENT COMPLEX FACILITIES
MADE PERMANENT.
Paragraph (15) of section 168(i) of the Internal Revenue Code of 1986 (relating
to motorsports entertainment complex) is amended by striking subparagraph
(D).
END
