State Lawmakers In Iowa, Florida Advance Racetrack Proposals

The Iowa state House Ways & Means Committee yesterday unanimously approved a plan to "extend a tax break" for Iowa Speedway, and the measure is "now eligible for floor debate." The Newton track receives a state sales tax rebate set to expire Jan. 1, 2016. DES MOINES REGISTER.

Meanwhile, a proposal to send $2M in sales tax revenue to Daytona Int'l Speedway "advanced quickly" through the Florida Senate Rules Committee yesterday, "putting it on track for a potential vote on the Senate floor in coming weeks." The bill's passage "took less than 10 minutes" yesterday morning, "marking its last of four stops before a chance at a full vote." Daytona Beach NEWS-JOURNAL