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Posts tagged as: corporate welfare

Florida House Votes Against Corporate Welfare For Stadiums Like Daytona Speedway

| March 30, 2017

The bill is part of an effort by House leaders to limit public assistance to private companies, reflecting a broader philosophical gulf from the Senate on business incentives.

NFL’s Dolphins Want $3 Million a Year in Taxpayer Subsidies, Daytona Speedway May Be Next

| October 22, 2015

The Legislature created a new funding method for professional stadiums in 2014 in an attempt to reduce the lobbying from prior years for state money.

Lawmakers Punt to Full Legislature on Millions in Tax Subsidies for Speedway and Jaguars

| February 20, 2015

A process intended to reducing lobbying may do the opposite now that the Joint Legislative Budget Commission moved any funding decisions regarding the stadiums to the full Legislature.

Daytona Speedway Seeking $3 Million A Year in Tax Gifts, Jaguars Close Behind

| November 1, 2014

The Jacksonville Jaguars are following closely behind the Daytona Speedway in requests of up to $90 million in sales tax dollars over 30 years, tax revenue that would be subtracted from public needs.

Bill Requiring Property Tax Revenue to Pay For Charter School Construction Advances

| February 7, 2012

Supporters say the measure creates more parity between charter schools and other public schools. Opponents slammed the measure as corporate welfare that would provide tax dollars to the private operators of charter schools — despite the fact that supporters of charter legislation said years ago that they would not ask for capital outlay dollars.

When Profit-Raking Disney and the Daytona Speedway Beg Florida for Corporate Welfare

| January 19, 2012

Disney is asking the state for an array of tax breaks that could cost Floridians as much as $100 million over 20 years. International Speedway Corp., owner of Daytona International Speedway, is in on the deal.

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