In 2014, the Florida legislature decided to give sports team owners even more of taxpayer money by making available funding for privately owned stadiums to build or renovate sporting centers. Teams would apply to the state’s Department of Economic Opportunity for sales tax rebate funding. The money can be used for “constructing, reconstructing, renovating, or improving a facility or reimbursing such costs.
Economists consistently find that stadium construction subsidies fail to generate much, if any, "economic impact" in local markets in terms of metro-area wide employment and income. Sports subsidies are poor uses of taxpayer money.
SB 236 will repeal the 2014 legislation.
Take ActionSB 236 will be heard in the Senate Commerce and Tourism Committee on Monday March 13th, 2017 at 4:00 PM.
Call and e-mail the members of the Senate Commerce and Tourism Committee and tell them to support SB 236 and stop giving our taxpayer dollars to billionaire sports team owners.
sports team owners.
|Commerce and Tourism|