Indiana tax plan eyed to back Bears stadium financing in Hammond

1 min read
Source: Indiana Capital Chronicle
Indiana tax plan eyed to back Bears stadium financing in Hammond
Photo: Indiana Capital Chronicle
TL;DR

A fiscal note for Senate Bill 27 shows Northwest Indiana could be taxed to fund a Chicago Bears stadium in Hammond, using bonds backed by new taxes (1% food-and-beverage in Lake and Porter counties, a Lake County hotel tax increase, and a Hammond admissions tax) plus potential toll-road lease proceeds; revenue estimates exist but total figures are uncertain as lawmakers mover toward a second reading.

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