S. 1763

Summary

S. 1763, the Motorsports Fairness and Permanency Act of 2025, was introduced in the Senate on May 14, 2025 by Sen. Todd Young (R) with 17 co-sponsors. It was referred to Finance, and last saw action on May 14, 2025: Read twice and referred to the Committee on Finance.

Record

Text

S. 1763 has 17 co-sponsors.

II
  119th CONGRESS
  1st Session
  S. 1763
  IN THE SENATE OF THE UNITED STATES
  May 14, 2025
  Mr. Young  (for himself and  Mr. Warner ) 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 7-year
  recovery period for motorsports entertainment complexes.
1.
Short title
This Act may be cited as the
  Motorsports Fairness and Permanency Act of
  2025  .
2.
7-year recovery period for motorsports
  entertainment complexes made permanent
Section 168(i)(15) of the Internal Revenue Code
  of 1986 is amended by striking subparagraph (D).

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

A bill to amend the Internal Revenue Code of 1986 to make permanent the 7-year recovery period for motorsports entertainment complexes.

Sponsors

Sen. Todd Young (R) sponsors S. 1763, and 17 members have co-sponsored it, 1 of them from the day it was introduced.

Todd Young

Sen. · R–IN · Sponsor

Introduced May 14, 2025

Mark Warner

Sen. · D–VA · Co-sponsor

Joined May 14, 2025 · Original

Ted Budd

Sen. · R–NC · Co-sponsor

Joined Jun 27, 2025

Roger Wicker

Sen. · R–MS · Co-sponsor

Joined Jul 30, 2025

Jeanne Shaheen

Sen. · D–NH · Co-sponsor

Joined Jul 31, 2025

Marsha Blackburn

Sen. · R–TN · Co-sponsor

Joined Sep 9, 2025

Ashley Moody

Sen. · R–FL · Co-sponsor

Joined Sep 10, 2025

Tim Kaine

Sen. · D–VA · Co-sponsor

Joined Sep 15, 2025

Margaret Hassan

Sen. · D–NH · Co-sponsor

Joined Nov 3, 2025

Thom Tillis

Sen. · R–NC · Co-sponsor

Joined Nov 18, 2025

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Committees

S. 1763 went before 1 committee: Finance.

Finance

Finance

Referred To · May 14, 2025 · 902 Bills

Actions

S. 1763 has taken 2 actions since May 14, 2025.

Votes

S. 1763 has not gone to a roll call.

Related bills

1 bill is related to S. 1763, as Identical bill.

HR 2231Motorsports Fairness and Permanency Act of 2025Mar 18, 2025 · Referred to the House Committee on Ways and Means. · Identical bill

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Titles

S. 1763 goes by 3 titles, 1 of them short titles.

• Motorsports Fairness and Permanency Act of 2025 — Display Title
• Motorsports Fairness and Permanency Act of 2025 — Short Title(s) as Introduced
• A bill to amend the Internal Revenue Code of 1986 to make permanent the 7-year recovery period for motorsports entertainment complexes. — Official Title as Introduced

Lobbying

3 clients hired 3 firms and 17 registered lobbyists who named S. 1763 in 20 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Taxation/Internal Revenue Code, Automotive Industry, Environment/Superfund, Labor Issues/Antitrust/Workplace, Real Estate/Land Use/Conservation, Small Business.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files S. 1763 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 1763’s is Taxation.

Source: congress.gov · legiscan.com