S*0481(Rat #0081, Act #0068 of 2013)  General Bill, By Malloy, McGill, 
Leatherman, Setzler, Johnson and Ford

Similar(H 3783)
 AN ACT 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
 MOTOR SPEEDWAY 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. - ratified title

   03/05/13  Senate Introduced and read first time (Senate Journal-page 7)
   03/05/13  Senate Referred to Committee on Finance
                     (Senate Journal-page 7)
   04/10/13  Senate Committee report: Favorable Finance
                     (Senate Journal-page 21)
   04/24/13  Senate Read second time (Senate Journal-page 18)
   04/24/13  Senate Roll call Ayes-37  Nays-1 (Senate Journal-page 18)
   04/30/13  Senate Read third time and sent to House
                     (Senate Journal-page 22)
   04/30/13  House  Introduced and read first time (House Journal-page 190)
   04/30/13  House  Referred to Committee on Ways and Means
                     (House Journal-page 190)
   05/30/13  House  Committee report: Favorable with amendment Ways
                     and Means (House Journal-page 12)
   06/05/13  House  Amended (House Journal-page 110)
   06/05/13  House  Read second time (House Journal-page 110)
   06/05/13  House  Roll call Yeas-97  Nays-11 (House Journal-page 111)
   06/06/13  House  Read third time and returned to Senate with
                     amendments (House Journal-page 16)
   06/06/13  Senate Concurred in House amendment and enrolled
                     (Senate Journal-page 58)
   06/06/13  Senate Roll call Ayes-38  Nays-1 (Senate Journal-page 58)
   06/11/13         Ratified R 81
   06/13/13         Signed By Governor
   06/20/13         Effective date See Act for Effective Date
   06/24/13         Act No. 68

(A68, R81, S481)

AN ACT 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 MOTOR SPEEDWAY 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.

Be it enacted by the General Assembly of the State of South Carolina:

Admissions license tax exemption for motorsports entertainment complex

SECTION    1.    Section 12-21-2425(B)(1) of the 1976 Code, as added by Act 313 of 2008, is amended to read:

"(1)    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;"

Time effective

SECTION    2.    This act takes effect for tax years beginning after 2012.

Ratified the 11th day of June, 2013.

Approved the 13th day of June, 2013.