Bill preserving SC track's tax exemption moves on
By JEFFREY COLLINSAssociated Press
COLUMBIA, S.C. (AP) - A bill that could allow Darlington Raceway to watch out for both its fans' bottoms and the track's bottom line is heading to the South Carolina Senate.
The Senate Finance Committee passed a proposal that would allow the track to keep its 5% tax on tickets even if the speedway's capacity falls below 60,000 people.
Darlington Raceway currently can hold 62,000 people. But track president Chris Browning says the speedway is considering widening its 18-inch wide seats, meaning the capacity could drop.
The bill deletes the reference to a specific number of fans, instead granting the exemption to any NASCAR sanctioned motor speedway or racetrack that hosts at least one race each year featuring the pre-eminent NASCAR racing series. That only applies to Darlington Raceway.Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.