Summary: S.557 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for S.557. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (02/12/2007)

Motorsports Fairness and Permanency Act of 2007 - Amends the Internal Revenue Code to make permanent the classification, for depreciation purposes, of any motorsports entertainment complex as seven year property.