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H. 3783
STATUS INFORMATION
General Bill
Sponsors: Rep. Lucas
Document Path: l:\council\bills\nl\13153dg13.docx
Companion/Similar bill(s): 481
Introduced in the House on March 7, 2013
Introduced in the Senate on May 1, 2013
Last Amended on April 25, 2013
Currently residing in the Senate Committee on Ethics
Summary: Admissions license tax exemption for motorsports entertainment complex
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 3/7/2013 House Introduced and read first time (House Journal-page 15) 3/7/2013 House Referred to Committee on Ways and Means (House Journal-page 15) 4/18/2013 House Committee report: Favorable Ways and Means (House Journal-page 23) 4/24/2013 House Debate adjourned until Thur., 4-25-13 (House Journal-page 149) 4/25/2013 House Requests for debate-Rep(s). Wells (House Journal-page 37) 4/25/2013 House Amended (House Journal-page 37) 4/25/2013 House Read second time (House Journal-page 37) 4/25/2013 House Roll call Yeas-94 Nays-10 (House Journal-page 39) 4/30/2013 House Read third time and sent to Senate (House Journal-page 28) 5/1/2013 Senate Introduced and read first time (Senate Journal-page 4) 5/1/2013 Senate Referred to Committee on Finance (Senate Journal-page 4) 5/8/2013 Senate Committee report: Favorable Finance (Senate Journal-page 7) 5/28/2013 Senate Read second time (Senate Journal-page 13) 5/28/2013 Senate Roll call Ayes-23 Nays-7 (Senate Journal-page 13) 6/6/2013 Senate Recommitted to Committee on Ethics (Senate Journal-page 45)
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
3/7/2013
4/18/2013
4/25/2013
5/8/2013
Indicates Matter Stricken
Indicates New Matter
COMMITTEE REPORT
May 8, 2013
H. 3783
S. Printed 5/8/13--S.
Read the first time May 1, 2013.
To whom was referred a Bill (H. 3783) to amend Section 12-21-2425, Code of Laws of South Carolina, 1976, relating to the admissions license tax exemption for a motorsports entertainment complex, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass:
HUGH K. LEATHERMAN, SR. for Committee.
TO AMEND SECTION 12-21-2425, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE ADMISSIONS LICENSE TAX EXEMPTION FOR A MOTORSPORTS ENTERTAINMENT COMPLEX, SO AS TO REQUIRE THE COMPLEX TO BE A NASCAR SANCTIONED SPEEDWAY THAT HOSTS AT LEAST ONE RACE EACH YEAR FEATURING THE PREEMINENT NASCAR CUP SERIES, INSTEAD OF REQUIRING THE SPEEDWAY TO HAVE AT LEAST SIXTY THOUSAND SEATS FOR RACE PATRONS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-21-2425(B)(1) of the 1976 Code is amended to read:
"(1) has at least sixty thousand fixed seats for race patrons is a NASCAR sanctioned motor speedway or racetrack that hosted at least one NASCAR Sprint Cup Series race in 2012, and continues to host at least one NASCAR Sprint Cup Series race, or any successor race featuring the same NASCAR Cup series;"
SECTION 2. This act takes effect for tax years beginning after 2012.
This web page was last updated on June 7, 2013 at 9:42 AM