Modifies the provisions of the "Show-Me Sports Investment Act"
Referred: Emerging Issues(H)
Summary
The measure would allow the state, through the Department of Economic Development and the Office of Administration, to provide funding for new or renovated athletic and entertainment facilities that host Major League Baseball or NFL teams. Funding would be approved only after an application is reviewed by the department director and commissioner, and would be capped at the facility’s adjusted baseline tax revenues and limited to 30‑year agreements. The bill failed to pass.
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