A’s stadium bill language arrives, caps public financing at $380M

A’s stadium bill language arrives, caps public financing at $380M

Article brief provided by Nevada Independent
  • Tabitha Mueller, Howard Stutz, Jacob Solis and Sean Golonka, Nevada Independent
May 26, 2023 4:20 PM
  • Tabitha Mueller, Howard Stutz, Jacob Solis and Sean Golonka, Nevada Independent

Draft bill language for a measure aimed at bringing the Oakland A’s to Las Vegas obtained Friday by The Nevada Independent proposes a state and Clark County-offered public financing package of no more than $380 million to fund a portion of the construction of a $1.5 billion stadium.

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Much of the previously announced structure of the public financing package is contained in the draft bill language, including $180 million in transferable tax credits issued by the state and $120 million in bonds issued by Clark County. But publication of the bill language — which could still change before the measure is formally introduced in the Legislature — is the first look at the scope of the financing deal negotiated by the franchise and state and county leaders.