Pub. L. 112-240, tit. III, sec. 312 (as amended)
EXTENSION OF 7-YEAR RECOVERY PERIOD FOR MOTORSPORTS ENTERTAINMENT COMPLEXES.
SEC. 312. EXTENSION OF 7-YEAR RECOVERY PERIOD FOR MOTORSPORTS ENTERTAINMENT COMPLEXES.
(a) In General.—Subparagraph (D) of section 168(i)(15) is amended by striking “December 31, 2011” and inserting “December 31, 2013”.
(b) [26 U.S.C. 168 note] Effective Date.—The amendment made by this section shall apply to property placed in service after December 31, 2011.
- Cross-references to the US Code
- 26 U.S.C. 168 note