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Senate Bill 150 |
Senate Author: Wentworth |
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Effective: 9-1-05 |
House Sponsor: Puente |
Provisions in state law help qualifying counties or municipalities to attract certain major athletic events. Senate Bill 150 amends the law to add major motor sports racing events to the types of events that are supported. The bill expands the definition of "site selection organization" to include the Automobile Competition Committee for the United States affiliated with the Federation Internationale de l'Automobile, the Champ Car organization, and the American Le Mans Series organization. The bill also sets out provisions relating to the guarantee of state and municipal or county obligations and establishing the motor sports racing trust fund.