TALLAHASSEE, Fla. (AP) – A House committee has approved a bill that details the process a sports organization would be required to complete in order to receive sales-tax rebates on new or upgraded stadiums.
Economic Affairs committee chairman Jimmy Patronis, R-Panama City, sponsored the bill that gives a scoring sheet for the Department of Economic Opportunity to ensure specified guidelines are met. All proposals would need a $100 million minimum in renovation or construction costs.
The legislation does not allocate any immediate funds to a project.
Patronis wants to ensure the DEO won't have to review smaller projects, such as a high school football stadium or spring-training facilities.
Representatives from both the Miami Dolphins and Daytona Speedway supported the bill, though Dolphins lobbyist Ron Book said some tweaks are necessary.