Economic boost or big business hand-out? Nevada lawmakers consider A’s stadium financing.
By GABE STERN
Associated Press/Report for America
CARSON CITY, Nev. (AP) — Nevada lawmakers questioned whether a proposal to subsidize a new MLB stadium with tax credits and bonds would further jolt Las Vegas’ economy, or serve as a handout for a big business that could strain government resources. In a committee hearing on Monday, the Republican governor’s chief of staff and the Democratic treasurer both said it would provide tax revenue, good-paying jobs while furthering Las Vegas’ transformation into a sports city. But lawmakers questioned whether an A’s stadium would do the same. Some cited an MLB team with the worst record in baseball, financed in-part by a county and state struggling to fund public schools.