"Nevada Bill Proposes $380M Funding for A's Las Vegas Stadium"

1 min read
Source: The Guardian
"Nevada Bill Proposes $380M Funding for A's Las Vegas Stadium"
Photo: The Guardian
TL;DR Summary

The Nevada Legislature has introduced a bill that would provide up to $380m in public funding for a potential $1.5bn retractable roof stadium on the Las Vegas Strip for the Oakland Athletics. The funding would come from transferable tax credits, county bonds, and infrastructure costs. The plan won't directly raise taxes and can move forward with a simple majority vote. The Athletics have agreed to use land on the southern end of the Las Vegas Strip, where the Tropicana Las Vegas casino resort sits. The plan faces an uncertain path in the Nevada Legislature.

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