South Carolina Bill to Aid the Construction of Motorsports Complexes Sent to Governor
DON’T DELAY! Please contact South Carolina Governor Henry McMaster immediately to request support for H.B. 4009:
- H.B. 4009 recognizes the important economic and civic value that additional motorsports can provide to the state.
- H.B. 4009 exempts certain building materials for a complex from the sales tax and to provides the process by which a qualified company may claim the exemption.
- H.B. 4009 creates the motorsports tourism incentive fund to award grants or loans to attract and expand tourism and hospitality projects related to events at such complexes.
Overview: Legislation (H.B. 4009) was introduced in South Carolina to aid and incentivize the construction of motorsports complexes. The bill passed the legislature and now goes to Governor Henry McMaster for approval.