Arizona law may help bring soccer stadium to Phoenix area

A consortium headed by a former official of the National Hockey League’s Arizona Coyotes is pursuing land in Mesa law amendments to bring more soccer. One of their goals is to see whether the Phoenix region can host a professional stadium, and thus a club. If the measure were to succeed, it would bypass the city of Phoenix in its financing of a mixed-use complex.

Beginning in March 2022 and ending in December 2023, Nick Sakiewicz oversaw the Arizona Coyotes’ business operations. Last month, he spoke in favor of a strike-everything amendment before the Senate Government Committee in Arizona.

He spoke on the proposed law that would alter the state’s approval process for amusement parks and sports entertainment complexes by making it simpler to establish theme park districts. Joe Hoffman, a state senator, proposed the measure.

What is a strike-everything amendment?

To get around a deadline for introducing new legislation, a strike-everything amendment simply substitutes new language—possibly on an entirely unrelated subject—for the whole text of an existing bill. Theme park districts are a particular kind of taxing district that, if passed into law, would alter the procedures for creating such districts.

Such districts may impose a sales tax of up to nine percent on goods and services sold inside its borders. The developer may pay off debt incurred throughout the development process using such funds.

With a majority vote, the committee would send the measure to the full Senate for consideration. It would have allowed counties to create such districts even without the consent of the local governments.

Additional theme park districts inside a county would also be possible under this proposal. However, there is no indication that the Senate will consider this measure anytime soon, says the Sports Business Journal. It would need a House vote and approval from Governor Katie Hobbs for the measure to become law when it passes the…


Source link : https://worldsoccertalk.com/news/arizona-law-may-help-bring-soccer-stadium-to-phoenix-area

Author : Martina Alcheva

Publish date : 2024-04-04 18:40:03

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