Daytona International Speedway is seeking $3 million a year for 30 years to subsidize its operations, the NFL’s Jacksonville Jaguars have asked for $1 million a year for three decades.
sports subsidies
House Balks at $2 Million-a-Year Tax Subsidy to Daytona Speedway as Other Breaks Advance
Funding for Daytona International Speedway and a temporary tax break on gym memberships could be casualties when the House and Senate meet next week on their opposing packages to complete Gov. Rick Scott’s $500 million election-year tax cuts.
NFL and MLS Snub Florida After Bill to Subsidize Dolphins and Soccer at Taxpayers’ Expense Fails
The NFL awarded the 2016 Super Bowl to the San Francisco area and the 2017 championship contest to Houston, a little more than two weeks after a bill tied to potential state funding for the Miami Dolphins and an Orlando soccer stadium died in the Florida House.
Sports Welfare’s Engines: Lawmakers Prep $60-Million Tax Break to Daytona Speedway
A measure that could land more than $60 million in sales tax rebates for the Daytona International speedway was unanimously supported by the Senate Commerce and Tourism Committee on Monday, allegedly to keep the speedway “relevant.”
Florida Taxpayers Asked to Subsidize Pro Soccer on Top of NFL, NBA and Other Sports
Up to two Major League Soccer franchises would be eligible for subsidies given to other pro sports teams in Florida under a bill filed in the Legislature, a nod to Orlando’s bid to bring an MLS team to the area.