Vikings' stadium bill will be submitted at Capitol today
The long-awaited bill aimed to get a new stadium built for the Minnesota Vikings will be submitted at the state Capitol today.
The already controversial plan to raise as much as $300 million in state funds will allow a local government to create its own tax hike to put the project together. The key, as the St. Paul Pioneer Press reports, is the bill would allow a local government to do something such as raise the sales tax without having to put the measure before voters. In a state that is already taking a stance against using public funds to create a stadium, that’s a hot-button issue.
Per the report, the bill will not become public until it is formally introduced Monday in both houses of the legislature. The bill creates a situation where a local site could be selected in about a year. The Vikings’ lease at the Metrodome, of course, ends after this coming season.
The stadium is expected to cost $900 million. The local government would likely have to kick in one-third of that with the Vikings picking up one-third as well. The state has a $5 billion budget deficit, so creatively finding ways to raise revenue for an NFL team isn’t at the top of lawmakers’ to-do lists.
"We know that not everybody is going to like everything," Rep. Morrie Lanning, a Republican from Moorhead, said. "At the end of the day, the Vikings are going to have to make a substantial commitment and a local partner will have to make a substantial commitment."
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Brad Biggs covers the Bears for the Chicago Tribune