Senator Bray added as coauthor
Summary
The bill establishes a Northwest Indiana Stadium Board and a related authority that can issue bonds, acquire land, and manage capital‑improvement projects for a stadium district in Lake and Porter counties. It authorizes a city admissions tax on events in venues with more than 40,000 seats and allows incremental property‑tax revenues to be deposited in a dedicated fund to help pay project costs. The measure is intended to promote economic development through a new professional‑sports facility.
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