S.C. Code § 12-69-10
Short title
This chapter may be cited as the "Motorsports Entertainment Complex Investment Act".
South Carolina Code Title 12, Chapter 69 — Motorsports Entertainment Complex Investment
South Carolina · statute · S.C. Code tit. 12, ch. 69 · 3 active provisions
S.C. Code § 12-69-20
Definitions
For purposes of this chapter: (1) "Company" means any corporation, partnership, limited liability company, or other business entity. (2) "Department" means the Department of Revenue. (3) "Motorsports entertainment complex" has the same meaning as provided in Section 12-21-2425.
S.C. Code § 12-69-30
Exemption from state and local sales tax; qualified companies; exemption certificates; liability for sales and use taxes
(A) A company, upon making application for, meeting the requirements of, and receiving written certification of that designation from the department, as provided in subsection (B), is exempt from state and local sales tax on building materials, supplies, fixtures, and equipment for the construction, repair, or improvem…