Reps. MERRILL and LUCAS propose the following Amendment No. 50 to H.4813 as introduced by Ways & Means
(Doc Name h:\legwork\house\amend\H-WM\001\90.16 admin tax.docx):

EXPLANATION: reinsert original proviso and update fiscal year reference

Amend the bill, as and if amended, Part IB, Section 90, STATEWIDE REVENUE, page 516, paragraph 90.16, lines 19-22, by striking the lines in their entirety and inserting

/      90.16.      (SR: Admissions Tax) For Fiscal Year 2011-12 2012-13, 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 totals and titles to conform.