PHOENIX (AP) — Gov. Doug Ducey has signed a invoice permitting a brand new tax on Arizona Diamondbacks tickets and concessions to pay for stadium enhancements.
The laws signed Wednesday was requested by the Diamondbacks to advance the staff’s years-long quest to finance adjustments to Chase Subject in Downtown Phoenix.
The laws permits for a 9% tax on all gross sales within the stadium and a resort the staff may construct on the property. It additionally offers the Diamondbacks entry to low-interest bonds. Income from the gross sales tax would repay the bonds.
Critics stated throughout legislative debate that the staff ought to pay for its personal stadium investments. However bipartisan majorities within the Home and Senate permitted HB2835.
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