1. (a) An admissions fee is imposed on each person charged for admission to a qualified motorsports facility on a race day. The admissions fee equals:

   1. (1) the price of each admission to a qualified motorsports facility; multiplied by
   2. (2) the applicable percentage determined under subsection (b).

2. (b) The applicable percentage is as follows:

   1. (1) Six percent (6%) on any admissions charge of at least one hundred fifty dollars ($150).
   2. (2) Three percent (3%) on any admissions charge of at least one hundred dollars ($100) but less than one hundred fifty dollars ($150).
   3. (3) Two percent (2%) on any admissions charge of less than one hundred dollars ($100).
3. (c) The fee imposed under subsection (a) does not apply to any amount charged for parking at a qualified motorsports facility.

As added by P.L.233-2013, SEC.9.