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SPECIAL SESSION PART 2 VOTE DAY - SB1 FORMERLY SB 509 OAKLAND A'S BALLPARK IN LAS VEGAS BILL - Oaknews

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SPECIAL SESSION PART 2 VOTE DAY - SB1 FORMERLY SB 509 OAKLAND A'S BALLPARK IN LAS VEGAS BILL

SPECIAL SESSION PART 2 VOTE DAY - SB1 FORMERLY SB 509 OAKLAND A'S BALLPARK IN LAS VEGAS BILL Yesterday At 10 AM PST / 1 PM EST, the Nevada Legislature was to take a vote on what is called SB 509 or the "Southern Nevada Tourism and Innovation Act". The law, unless amended, consists of a $120 million bond issue and tax credits valued at $260 million. The only risk to Clark County is the $120 million bond issue that is spread over 30 years and at a 6 percent interest rate costs $261 million. The hearing lasted to 2:41 am EST with no vote and a lot of public comment. Today should be vote day. Stay tuned. Stay tuned.
via YouTube https://www.youtube.com/watch?v=ta7B5kuFxgg

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