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The Independent UK
The Independent UK
National
Gabe Stern

Nevada Legislators weigh plan to put MLB stadium on Las Vegas Strip

Las Vegas Nevada Strip the Nevada Legislature Major League Baseball the Las Vegas Strip Baseball
ASSOCIATED PRESS

Lawmakers are considering a proposal to finance and incentivize construction of a Major League Baseball stadium on the Las Vegas Strip, with an initial public hearing scheduled Monday at the Nevada Legislature.

The plan would authorize up to $380 million in incentives, mainly through state transferable tax credits and county bonds to help provide a new home for the Oakland Athletics. The state would forgo up to $180 million in transferable tax credits, with a cap at $36 million per year. The $120 million in county bonds would help with construction costs and be paid off gradually.

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