Panthers bill passes
A bill that would let Charlotte use restaurant and occupancy taxes to help pay for upgrades to Bank of America Stadium passed the state Senate 45-0. It is now law.
Posted — UpdatedSenators passed the measure 45-0 Thursday.
"Sports and entertainment are big part of the North Carolina economy," said Sen. Malcolm Graham, D-Mecklenburg.
The measure got little debate on the Senate floor, other than an inquiry if the city's legislative delegation stood behind the measure.
In the Senate Finance Committee Wednesday, House sponsors of the measure emphasized that it would not spend any state money and did not raise any local taxes. Rather, the measure allows the city to redirect funds from a food and beverage tax and a hotel occupancy tax toward either upgrades at the stadium or amateur sports facilities. The city owns the land under the Panthers' stadium.
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