Todd Young (R-IN)

Motorsports Fairness and Permanency Act of 2025

S. 1763 · Senate bill Taxation

A Republican bill with 8 Democratic cosponsors · See all 17 cosponsors

Last activity — Read twice and referred to the Committee on Finance.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "Motorsports Fairness and Permanency Act of 2025," aims to amend the Internal Revenue Code of 1986. The primary objective is to make the 7-year recovery period for motorsports entertainment complexes permanent. This change would involve striking a specific subparagraph within the existing tax code.

Yes

  • Scored +3

    Would business owners be better off under this?

    This bill provides long-term tax stability specifically for owners of motorsports entertainment complexes.

  • Scored +2

    Is this likely to create jobs?

    Providing tax certainty for motorsports complexes can encourage long-term investment and job stability in the sector.

  • Scored +1

    Is this likely to grow the economy?

    Permanent tax provisions for specific industries provide predictability that can stimulate localized economic growth.

The opposite

No question was scored the opposite.