Nevada Governor Signs NFL Stadium BillNFL Owners Meet In January To Approve Move For Raiders |
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On Monday, Nevada Governor Brian Sandoval signed into law a bill that calls for a $750 million public contribution for a NFL stadium in Las Vegas.
Lawmakers met in Carson City last week to discuss the plan for a $1.9 billion facility for the Oakland Raiders. The team still needs NFL approval to relocate.
The legislation barely navigated through the Assembly, getting a 28-13 vote.
Sandoval said that it’s “truly exciting” to get a deal done because of how many stakeholders were at the table during deliberations.
“Nevada has a past unlike any other state, but it is the ability to write a new narrative and redefine our state’s image that makes us so unique and so capable of innovating once again through the new Nevada," he said. “This is the beginning of the next chapter of southern Nevada’s continued dominance in tourism, conventions and hospitality and presents an exciting opportunity for UNLV.”
He added: “I’m proud of the work that has been done to create these possibilities for Nevada’s future and the next phase of our state’s evolution.”
The $750 million will come from a nearly one-percent tax increase on hotel rooms in Las Vegas. Supporters argued that the money will come primarily from tourists.