The Tennessee Senate is set to vote on the bill Wednesday. Author: WBIR Staff Updated: 9:30 PM EDT April 27, 2021
KNOXVILLE, Tenn. A bill meant to help pay for a new $65 million baseball stadium in downtown Knoxville was passed in the Tennessee House of Representatives Tuesday.
The bill would allow the local government to capture and use state and local sales tax collected in the area around the proposed stadium. Officials said that the money taken from sales tax could help cover up to 30% of the construction costs.
State Senator Becky Duncan Massey introduced the legislation along with Representative Jason Zachary. Knox County Mayor Glenn Jacobs testified to support the legislation and said that it must pass for the project to move forward. He said that stadium would create more than 3,000 jobs and would not add a tax burden on residents.
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