Current Amendment: 3700R106.GM.DOCX to Bill 3700
Senators MALLOY, S. MARTIN and MCGILL propose the following amendment (3700R106.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, up to one hundred fourteen thousand dollars in admissions tax revenue collected annually from all events 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 keep a NASCAR race at the motorsports entertainment complex facility. /
Renumber sections to conform.
Amend sections, totals and title to conform.