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House passes 'Show Me Sports' stadium and sports package after heated debate over tax relief and property‑tax provisions
Summary
The Missouri House approved Senate substitute legislation to extend amateur sports tax credits and create a stadium‑funding program for major franchises, while a contentious property‑tax freeze and constitutionality questions sparked long debate and failed amendments.
The Missouri House on Monday approved a package of measures aimed at supporting amateur‑sports events and creating a funding mechanism to help keep major professional franchises in state, but the legislation drew sustained objections from members who said parts of the bill likely violate the Missouri Constitution.
The package, described on the floor as the Show Me Sports Investment Act and carried by the bill sponsor (Representative from Clay County), would extend an amateur sports tax credit and allow a funding mechanism to cover certain stadium bond payments using state tax revenue that team activity generates. It also includes a refundable tax‑credit element and a set of property‑tax provisions that would freeze or cap local assessed values in selected counties.
The bill handler (Representative from Clay County) told colleagues the package is designed to ‘‘allow the existing tax revenue generated by a…
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