Current Amendment: 3700R104.GM.DOCX to Bill 3700
Senators MALLOY and S. MARTIN propose the following amendment (3700R104.GM.DOCX):
Amend the bill, as and if amended, Part IB, Section 90, STATEWIDE REVENUE, page 538, after line 14, by adding an appropriately numbered new proviso to read:
/ 90.___. (SR: Admissions Tax) For fiscal year 2011-2012, one hundred fourteen thousand dollars in admissions tax revenue collected as a result of any event held at a motorsports entertainment complex facility with at least sixty thousand permanent seats must be rebated to the motorsports entertainment complex facility in the current fiscal year to be used to attract visitors to the area. /
Renumber sections to conform.
Amend sections, totals and title to conform.