02RS HB127


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HB 127 (BR 1284) - B. Heleringer, T. Feeley

     AN ACT relating to the financing of sports arenas in cities of the first class and consolidated local governments.
     Create new sections of KRS Chapters 67C and 83 to permit a consolidated local government and a city of the first class to levy a surcharge of up to 5% on tickets to sporting events in a central business district to assist in the construction and ongoing operations of an arena within the area; and require funds raised from to the surcharge to be maintained in a separate fund and used solely for the stated purposes.

     (Prefiled by the sponsor(s))

     Jan 8-introduced in House; to Appropriations and Revenue (H)

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