SB17 - Motor sports facilities; local incentives.

3 Co-Sponsors

Motor sports facilities; local incentives. Allows a locality that is home to a motor sports facility, as defined in relevant law, in the Commonwealth to propose local incentives that address the economic conditions within such locality and will help stimulate real property improvements and new job creation. The bill allows a locality to establish eligibility criteria for local incentives that are different from the current criteria required by relevant law. Motor sports facilities; local incentives. Allows a locality that is home to a motor sports facility, as defined in relevant law, in the Commonwealth to propose local incentives that address the economic conditions within such locality and will help stimulate real property improvements and new job creation. The bill allows a locality to establish eligibility criteria for local incentives that are different from the current criteria required by relevant law.