S257 - 2026 Appropriations Act. (SL 2026-41)
Session Year 2024
Overview: Section 11.10 of S.L. 2026-41 (Senate Bill 257) requires the Sanford Holshouser Business Development Group (the Group) to update a previous study on the motorsport industry. The updated study must address the potential for North Carolina to secure events for all levels of motorsports racing including professional, sportsman, and club racing, motorsports research and development, motorsports manufacturing, and motorsports testing facilities. The Group, in consultation with the Department of Commerce, must submit a report to the chairs of the Joint Legislative Economic Development and Global Engagement Oversight Committee, the Joint Legislative Oversight Committee on Agriculture and Natural and Economic Resources, and the Fiscal Research Division by April 15, 2027. This section also appropriates funds to update the study.
This section became effective July 1, 2026.
Additional Information: