Nevada Lawmakers Consider A\'s Stadium Financing At Hearing

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Nevada Lawmakers Consider A\'s Stadium Financing At Hearing 

Post#1 » by RealGM Wiretap » Tue May 30, 2023 12:24 pm

Nevada lawmakers questioned whether a proposal to subsidize a new Major League stadium with tax credits and bonds would further boost Las Vegas\' economy, or simply serve as a handout that would strain resources.

In a committee hearing on Monday, the Republican governor\'s chief of staff and the Democratic treasurer both said it would provide tax revenue and well-paying jobs while further aiding Las Vegas\' transformation into a sports city.

However, lawmakers questioned whether an A\'s stadium on the site of the Tropicana Las Vegas would be worth it. 

The meeting was likely the only before a vote on the proposal to help fund the Oakland A\'s potential stadium on the Las Vegas Strip.

\"Regular citizens see us having a conversation and a discussion around funding a stadium,\" said state Sen. Dina Neal (D-North Las Vegas). \"Yet, we don\'t have enough revenue to fund and give a 20% (salary) increase to teachers.\"

Via Associated Press

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