Modifies provisions relating to charges imposed for certain sporting events

Summary

SB 1487 repeals the current rule for state funding of sports complexes and adds a new surcharge on professional teams that lease a facility and declare they are moving to another state. The surcharge would be $50 per ticket sold and an additional 5% on all sales made inside the venue during the team's events. The measure also outlines how state money can be appropriated to local sports‑complex funds.

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