Plan to finance MLB stadium gets House approval after major tax change

Feb 27, 2024, 1:19 PM | Updated: 6:54 pm

SALT LAKE CITY — The plan to finance a Major League Baseball stadium on Salt Lake’s west side got a big change as it hit the House floor Tuesday.

A new version no longer includes raising hotel taxes statewide, also known as the transient room tax, to help finance the ballpark. Instead, the plan includes capturing newly generated sales tax within the Fairpark district and reinvesting it back into the area.

Under the new plan the sales tax on rental cars would still go up.

The House voted to pass second substitute HB562, 51-21. The bill now heads to the Utah Senate, where it needs to be approved by the end of Friday before Gov. Spencer Cox can either sign or veto it.

Rep. Candice Pierucci, R-Herriman, argued that rental car tax largely comes from out-of-state folks, and said “little to no sales tax” is generated right now in that area. She says right now this area is a drain.

Rep. Judy Weeks Rohner, R-West Valley City, said at first she didn’t like the bill but now likes the changes and called it “a win-win.” She pleaded for support to help Salt Lake City and the west side of the city.

Also on Tuesday, Utah Jazz governor Ryan Smith posted a rendering of a reimagined downtown Salt Lake City sports and entertainment district, anchored by a new arena that would host the Jazz and a potential National Hockey League franchise.

“Our efforts are not about an arena, it’s about revitalizing a downtown that desperately needs investment,” Smith said. “Imagine a downtown experience like this with the NBA / NHL at its core.”

While Smith says a new arena would be an economic catalyst for downtown Salt Lake, economists broadly agree that arenas are “not economic development catalysts and confer limited social benefits.”

Ryan Smith teases reimagined downtown SLC with new arena district as lawmakers debate hundreds of millions in subsidies

KSL 5 TV Live

Utah Legislature

Prosecutors filed felony charges in a Salt Lake City rape case from 2019, but later reduced them to...

Daniella Rivera

Could making this change help Utah improve sexual assault prosecutions?

Only a fraction of sexual assaults reported to police in Utah result in criminal charges for the perpetrator, but a legislative proposal could potentially change that.

9 days ago

Utah legislators, supporters of the new law, and Lt. Gov. Deidre Henderson at a press conference to...

Daniel Woodruff

New Utah school safety law earns praise from victims’ families, but cost concerns persist

Family members who lost children in the deadliest high school shooting in U.S. history came to Utah to celebrate a new law aimed at making schools safer.

14 days ago

Lehi homes...

Daniel Woodruff

Governor highlights bills to help Utah homebuyers, but will they make a difference?

Gov. Spencer Cox on Thursday highlighted several new bills he just signed into law that are aimed at getting more buyers into the market.

27 days ago

A new law is changing the amount of hunter orange that an individual is required to wear during spe...

Mark Jones

Several wildlife-related bills passed into law during 2024 legislative session

A number of wildlife management-related bills have been signed into law by Gov. Spencer Cox, following the completion of the 2024 Utah Legislature.

28 days ago

Salt Lake County District Attorney Sam Gill...

Daniel Woodruff

Salt Lake Co. DA reacts after governor signs controversial bill targeting his office  

Salt Lake County’s top prosecutor is reacting after the governor signed a controversial bill imposing new rules on his office.

1 month ago

Utah Gov. Spencer Cox signing bills and vetoing seven while in his office....

Bridger Beal-Cvetko, KSL.com

Gov. Spencer Cox vetoes 7 bills he thinks are unnecessary from recent legislative session

Utah Gov. Spencer Cox has vetoed several bills passed by lawmakers, after encouraging lawmakers to pass fewer bills in the future legislative sessions.

1 month ago

Sponsored Articles

Women hold card for scanning key card to access Photocopier Security system concept...

Les Olson

Why Printer Security Should Be Top of Mind for Your Business

Connected printers have vulnerable endpoints that are an easy target for cyber thieves. Protect your business with these tips.

Modern chandelier hanging from a white slanted ceiling with windows in the backgruond...

Lighting Design

Light Up Your Home With These Top Lighting Trends for 2024

Check out the latest lighting design trends for 2024 and tips on how you can incorporate them into your home.

Technician woman fixing hardware of desktop computer. Close up....

PC Laptops

Tips for Hassle-Free Computer Repairs

Experiencing a glitch in your computer can be frustrating, but with these tips you can have your computer repaired without the stress.

Close up of finger on keyboard button with number 11 logo...

PC Laptops

7 Reasons Why You Should Upgrade Your Laptop to Windows 11

Explore the benefits of upgrading to Windows 11 for a smoother, more secure, and feature-packed computing experience.

Stylish room interior with beautiful Christmas tree and decorative fireplace...

Lighting Design

Create a Festive Home with Our Easy-to-Follow Holiday Prep Guide

Get ready for festive celebrations! Discover expert tips to prepare your home for the holidays, creating a warm and welcoming atmosphere for unforgettable moments.

Battery low message on mobile device screen. Internet and technology concept...

PC Laptops

9 Tips to Get More Power Out of Your Laptop Battery

Get more power out of your laptop battery and help it last longer by implementing some of these tips from our guide.

Plan to finance MLB stadium gets House approval after major tax change