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MO HB2485
Bill
Status
2/4/2016
Primary Sponsor
J. Eggleston
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AI Summary
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Prohibits Missouri's General Revenue Fund from being spent on construction, maintenance, promotion, or operation of professional sports stadiums (auto racing, baseball, basketball, football, hockey, or soccer facilities)
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Bars political subdivisions from using public funds for professional sports facilities unless voters specifically authorize the funding or bond issuance through popular vote with ballot language describing the specific project
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Contains a contingent effective date requiring 26 of 32 specified states/districts (including major sports markets like California, New York, Texas, Florida, and Illinois) to adopt substantially similar measures before the restrictions take effect
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Declares it against public policy for the state or political subdivisions to provide subsidies, tax abatements, tax credits, tax deductions, or tax exemptions incentivizing professional sports stadiums
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Grants any Missouri citizen standing to bring court action challenging violations, with courts authorized to enjoin spending and order restitution; existing contracts and projects approved prior to the effective date are protected
Legislative Description
Prohibits the use of public funds for any stadium if twenty-six other states adopt similar statutes
Last Action
Referred: Government Oversight and Accountability(H)
3/16/2016