Barton seeks $84 million favor for Texas Rangers stadium before GOP tax plan kills subsidies

[TexasTowelie]

WASHINGTON — Ennis Rep. Joe Barton is rallying to prevent the GOP's sweeping tax revamp from costing the city of Arlington millions of dollars on its voter-approved plans to finance the new Texas Rangers ballpark.

The Republican, whose district includes the stadium, is trying to exempt the new Globe Life Field from a provision in the House GOP bill that would prevent local governments from using tax-exempt municipal bonds to fund the building or renovation of professional sports stadiums.

Arlington voters last year approved a $500 million bond package to help fund the stadium. Ground broke on the project in late September. But since the city isn't expected to sell its bond package until next spring, it would be snagged by the new rules.

So Barton, a longtime Rangers fan, is going to extra innings to protect Arlington from a financial hit that he said could total some $200 million.

Read more: https://www.dallasnews.com/news/politics/2017/11/15/rep-joe-barton-tries-stop-house-gop-tax-plan-costing-arlington-millions-rangers-stadium-deal

[benld74]

1. From what I read on that vote

Arlington voters are getting the short stick again. They dont need the stadium, it’s the owner.
Still paying on 1st stadium, now another?!?
Pure thievery of taxpayer funds.