The Utah Legislature is considering significant funding initiatives to bring Major League Baseball (MLB) and a National Hockey League (NHL) team to Utah, with proposed stadiums in Salt Lake City. The bill outlines nearly $900 million in taxpayer money for the MLB stadium and $1 billion for the NHL arena and surrounding entertainment district. Funding mechanisms include raising hotel and car rental taxes for the MLB stadium and a 0.5% sales tax increase for the NHL project. Despite concerns from the Utah Hotel and Lodging Association about the burden on hotels due to tax hikes, legislative leaders, including Sen. Dan McCay, are pushing forward, emphasizing these projects as investments in Utah's future.
A bill that sets up the framework to finance a potential Major League Baseball stadium in Salt Lake City cleared the fence in its first legislative at-bat. Link: https://t.co/adAIAzEpLX
"I hope we don’t think of this as a subsidy, but more of an investment in Utah’s future," said Sen. Dan McCay. McCay's bill would provide $1B in taxpayer money to fund a hockey arena and surrounding entertainment district. https://t.co/GKDazc7DQW
Building a home for baseball: Hotel, car rental taxes could fund Salt Lake City’s MLB dream @thelhmcompany @BigLeagueUtah https://t.co/Y5Zwri3ziU #utpol #utleg
Legislative leaders made it clear Thursday that if Utah were to land a National Hockey League team, they would want a potential new arena built in downtown Salt Lake City, even if that means dramatically changing its landscape. | By @dennisromboy https://t.co/NUwtMHUKmY
How much are you willing to pay for baseball and hockey? The Utah Legislature is considering committing $900M and $1B of taxpayer money, respectively, to building new baseball and hockey stadiums. Do you support that spending?
Utah may pay $900M to fund potential MLB stadium, increase hotel tax #stgeorge #southernutah #cedarcity #utleg @UTNewsDispatch https://t.co/FxKPw5AYvw
Jordan Garn, Utah Hotel and Lodging Association, supports @MLB coming here, but concerned hotels bear too much burden with tax hikes on accommodations. @KUTV2News https://t.co/njNf7Xr5PP
Bill to raise SLC tax to fund NHL stadium and keep Jazz in the city advances. @LindsayOnAir reports https://t.co/NxmBUjz2cJ
BILL: Sales tax would increase to help fund #NHL #NBA project in Utah. https://t.co/twR5WAcVQL
A 0.5% tax hike has been proposed to pay for new "sports entertainment area" as Utah courts the NHL for a franchise expansion. Brian Mullahy reports: https://t.co/spmetYNy7V
The Utah Legislature is unveiling a plan to help fund a stadium to bring a Major League Baseball team to Utah. The bill proposes using close to a billion dollars of taxpayer generated money to help build the new stadium Details this morning on @KSL5TV https://t.co/SUhwTAEw4q
Via @AlixelCabrera: Utah may pay $900 million to fund potential MLB stadium, increase hotel tax #utpol #utleg https://t.co/3oDsxsaFSB via @UTNewsDispatch
A new plan at the Utah state Capitol could raise taxes to bring Major League Baseball to Utah, despite Senate President Stuart Adams stating the tax hike would not affect Utahns. #utpol #utleg @bmullahy2news https://t.co/xkkg70zWYB
An MLB stadium in Salt Lake City will cost taxpayers at least $900M, according to a new bill @bigleagueutah @thelhmcompany https://t.co/ifJCPv5Zef #utpol #utleg
Utah’s dream of MLB stadium will cost taxpayers at least $900M, raise hotel taxes, according to new bill https://t.co/zrcdnKHbKX