The bill would allocate $5 million in tax revenue each year for the next 20 years to renovate the speedway.
January revenues were higher than predicted, but sales tax revenues are falling short of predictions for this fiscal year.
Tim Brown (R-Crawfordsville) sounded Monday like he wasn't sold on Governor Mike Pence's tax cut plan.
In November, Indiana casinos brought in the lowest single-month revenue since 2008, in part because of competition from neighboring states.
Indianapolis has the eighth-highest taxes on travel amenities such as hotels, rental cars and food, according to the Global Business Travel Association.
Though the company is now in Martinsville, its former factory is still draining the Brown County budget.
State officials estimate Indiana will have a budget surplus of $2 billion, activating an automatic taxpayer refund.
MCCSC school board approves resolution for tax increase.
The Indiana Attorney General says the rise in claims is because of better detection methods.
Tornado victims have until May 31 to file their tax returns.