South Carolina General Assembly
120th Session, 2013-2014

Download This Bill in Microsoft Word format

Indicates Matter Stricken
Indicates New Matter

H. 3783

STATUS INFORMATION

General Bill
Sponsors: Rep. Lucas
Document Path: l:\council\bills\nl\13153dg13.docx
Companion/Similar bill(s): 481

Introduced in the House on March 7, 2013
Introduced in the Senate on May 1, 2013
Last Amended on April 25, 2013
Currently residing in the Senate Committee on Ethics

Summary: Admissions license tax exemption for motorsports entertainment complex

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
    3/7/2013  House   Introduced and read first time (House Journal-page 15)
    3/7/2013  House   Referred to Committee on Ways and Means 
                        (House Journal-page 15)
   4/18/2013  House   Committee report: Favorable Ways and Means 
                        (House Journal-page 23)
   4/24/2013  House   Debate adjourned until Thur., 4-25-13 
                        (House Journal-page 149)
   4/25/2013  House   Requests for debate-Rep(s). Wells (House Journal-page 37)
   4/25/2013  House   Amended (House Journal-page 37)
   4/25/2013  House   Read second time (House Journal-page 37)
   4/25/2013  House   Roll call Yeas-94  Nays-10 (House Journal-page 39)
   4/30/2013  House   Read third time and sent to Senate 
                        (House Journal-page 28)
    5/1/2013  Senate  Introduced and read first time (Senate Journal-page 4)
    5/1/2013  Senate  Referred to Committee on Finance (Senate Journal-page 4)
    5/8/2013  Senate  Committee report: Favorable Finance 
                        (Senate Journal-page 7)
   5/28/2013  Senate  Read second time (Senate Journal-page 13)
   5/28/2013  Senate  Roll call Ayes-23  Nays-7 (Senate Journal-page 13)
    6/6/2013  Senate  Recommitted to Committee on Ethics 
                        (Senate Journal-page 45)

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

3/7/2013
4/18/2013
4/25/2013
5/8/2013

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

Indicates Matter Stricken

Indicates New Matter

COMMITTEE REPORT

May 8, 2013

H. 3783

Introduced by Rep. Lucas

S. Printed 5/8/13--S.

Read the first time May 1, 2013.

            

THE COMMITTEE ON FINANCE

To whom was referred a Bill (H. 3783) 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, etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass:

HUGH K. LEATHERMAN, SR. for Committee.

            

A BILL

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 SPEEDWAY THAT HOSTS AT LEAST ONE RACE EACH YEAR FEATURING THE PREEMINENT NASCAR CUP SERIES, INSTEAD OF REQUIRING THE SPEEDWAY TO HAVE AT LEAST SIXTY THOUSAND SEATS FOR RACE PATRONS.

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

SECTION    1.    Section 12-21-2425(B)(1) of the 1976 Code is amended to read:

"(1)    has at least sixty thousand fixed seats for race patrons 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;"

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

----XX----

This web page was last updated on June 7, 2013 at 9:42 AM