Abstract: Motion recognition is one of the basic cognitive capabilities of many life forms, yet identifying motion of physical entities in natural language have not been explored extensively and empirically. We present the Literal-Motion-in-Text (LiMiT) dataset, a large human-annotated collection of English text sentences describing physical occurrence of motion, with annotated physical entities in motion. We describe the annotation process for the dataset, analyze its scale and diversity, and report results of several baseline models. We also present future research directions and applications of the LiMiT dataset and share it publicly as a new resource for the research community.