UPDATE: West Virginia Motorsports Bills Pass Committees; Move to Senate Floor
DON’T DELAY! Please contact the members of the West Virginia Senate to request support for S.B. 666 and S.B. 667:
You may use the following points in your message:
- S.B. 666 and S.B. 667 recognize the important economic and civic value that additional motorsports events and facilities can provide to the state.
- S.B. 666 recognizes the importance of providing incentives to attract large-scale investment in motorsports entertainment complexes.
- S.B. 667 would create the West Virginia Motorsports Committee to seek opportunities that promote economic growth and manufacturing jobs related to motorsports.
Overview: The West Virginia Senate introduced two bills to aid in the development of racing events and facilities throughout the state. Legislation (S.B. 666) would provide aid and incentivization for the construction of motorsports complexes by exempting certain building materials from the sales tax and provides the process by which a qualified company may claim the exemption. Separate legislation (S.B. 667) would create the West Virginia Motorsports Committee in order to enhance existing racing at current facilities and develop a strategy to create further opportunities for new and larger events and facilities. Each of these bills have passed committee and await consideration on the Senate Floor.
