View Amendment Current Amendment: 1 to Bill 481 The House Ways and Means Committee proposes the following Amendment No. 1 to S. 481 (COUNCIL\NL\481C001.NL.DG13):

Reference is to Printer's Date 4/10/13-S.

Amend the bill, as and if amended, by striking all after the enacting words and inserting:

/      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.            /

Renumber sections to conform.
Amend title to conform.