Scott signs bill to help pro sports teams
Updated On: Jun 20 2014 10:15:44 AM EDT
Professional sports organizations looking to build new stadiums or upgrade current ones will get taxpayer help under a bill signed by Gov. Rick Scott.
Scott on Friday signed the bill that will help pay for proposed projects ranging from a professional soccer stadium in Miami to the renovation of Daytona International Speedway.
The new law (HB 7095) would establish a pool of $13 million in taxpayer-supported subsidies that could be spent each year, with no team receiving more than $3 million a year. The projects must be cost a minimum of $100 million to qualify for the help.
The new law also would require Major League Baseball to change its policy on Cuban players if the Marlins and Rays want a share of the state money set aside for stadiums.
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