The state of Nevada will provide $180 million in transferable tax credits, and Clark County is expected to put up $120 million in bonds. SB 1 commits up to $380 million in public funding toward a new $1.5 billion stadium, to be located at the current site of the Tropicana casino resort. The PAC did not include its arguments for why it believes SB1 violates them. "We believe SB1 violates at least 5 sections of the state Constitution which should lead to the bill's partial or total invalidation."Ī press release cited five articles of the state constitution related to creating new taxes, managing debt, drawing funding from the treasury and establishing laws. "After several months of organizing, our commitment to blocking the use of public funds for the stadium project has only grown stronger," Dawn Etcheverry, president of Schools Over Stadiums, said in a statement. The Schools Over Stadiums political action committee, organized by the Nevada State Education Association, said in a statement that legal counsel has been asked to draft litigation to overturn SB 1, which allocates $380 million for a new stadium on the Las Vegas Strip LAS VEGAS (KSNV) - A Nevada teachers union says it plans to file a new lawsuit to block the public funding for a new baseball stadium in Las Vegas for the Oakland Athletics.
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