Loading chat...
MO HB1012
Bill
Status
2/19/2015
Primary Sponsor
Cloria Brown
Click for details
AI Summary
-
Prohibits funds from the City Convention and Sports Facility Trust Fund from being used for debt service, lease payments, construction, operation, bond extensions, or bond issuances related to a new professional football stadium in any charter county with more than 950,000 inhabitants (St. Louis County)
-
Defines "new professional football stadium" as any NFL-approved stadium constructed in whole or in part after March 31, 2015
-
Preserves the ability to use trust fund money for other authorized purposes, including expenses and debt service related to an existing professional football stadium
-
Contains an emergency clause making the act effective immediately upon passage to "safeguard taxpayer dollars"
-
Amends Section 67.657, RSMo, which governs the city convention and sports facility trust fund funded by hotel/motel room taxes
Legislative Description
Prohibits funds in the city convention and sports facility trust fund to be used for the construction of a new professional football stadium in St. Louis
Last Action
Referred: Government Efficiency(H)
5/15/2015