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CS/CS/HB 1049: Sports Facilities

GENERAL BILL by Economic Affairs Committee ; Finance and Tax Subcommittee ; Santiago ; (CO-INTRODUCERS) Adkins ; Cummings ; Davis ; Fullwood ; Hood ; Hutson ; Jones, M. ; Taylor

Sports Facilities; Authorizes boards of county commissioners to include certain commercial developments in lease agreements related to professional sports franchise facilities; provides exemption from sales & use tax for building materials used in construction, reconstruction, expansion, or renovation of certain certified motorsports entertainment complexes through refund of previously paid taxes; provides procedures for applying for authority to earn tax refund; provides procedures for certifying refund for completed projects; provides procedures for applying for refund; provides audit authority & procedures for recapturing refunds; provides for reductions in certain local government half-cent sales tax distributions; provides for monthly distribution of specified amount of sales tax revenue to certain facilities certified by DEO as meeting requirements for receiving such funds; provides for applicability of specified statutory provisions with respect to funding of certified applicant's facility; authorizes applicant previously certified as facility for new or retained professional sports franchise to receive additional certification; revises requirements for certification of facility as motorsports entertainment complex by DEO.

Effective Date: 7/1/2013
Last Action: 5/3/2013 House - Died pending review of CS, companion bill(s) passed, see CS/HB 7019 (Ch. 2013-213)
Bill Text: PDF

Bill History

Date Chamber Action
2/26/2013 House • Filed
3/4/2013 House • Referred to Finance and Tax Subcommittee; Economic Affairs Committee; Appropriations Committee -HJ 104
3/5/2013 House • Introduced -HJ 104
3/18/2013 House • PCS on Committee agenda-- Finance and Tax Subcommittee, 03/20/13, 3:30 pm, Morris Hall
3/20/2013 House • CS by Finance and Tax Subcommittee; YEAS 14 NAYS 3
3/25/2013 House • Pending review of CS under Rule 7.19(c)
• CS by Finance and Tax Subcommittee read 1st time -HJ 343
3/26/2013 House • Now in Economic Affairs Committee -HJ 355
4/12/2013 House • On Committee agenda-- Economic Affairs Committee, 04/16/13, 2:00 pm, Reed Hall
4/16/2013 House • CS/CS by Economic Affairs Committee; YEAS 12 NAYS 6 -HJ 702
4/22/2013 House • Pending review of CS under Rule 7.19(c)
• CS/CS by Economic Affairs Committee read 1st time -HJ 695
5/3/2013 House • Died pending review of CS, companion bill(s) passed, see CS/HB 7019 (Ch. 2013-213)