(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
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
Renumber sections to conform.
Amend totals and titles to conform.