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PROPOSED
AMENDMENTS TO HOUSE BILL 1846 (REP. ESPICH)
COLTS STADIUM FUNDING
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COLTS PLAYERS AND FANS |
| $10M |
1) |
Up to $10 Seat Surcharge on Admissions
to New Venue Stadium |
| $2M |
2) |
2% Pro-Player Excise Tax on Salaries |
| $1M |
3) |
Luxury Box Surcharge at New Venue |
| $1M |
4) |
Colts Vanity Plate |
| $14M |
Total |
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CITY OF INDIANAPOLIS |
| $10M |
1) |
Raise Marion County Innkeeper's
Tax to 9% from 6% - (Proposal of Mayor Peterson for Convention Center
Funding) |
| $2M |
2) |
Raise Marion County Auto Rental
Supplemental Tax from 2% to 4% - (Proposal of Mayor Peterson for Convention
Center Funding) |
| $3M |
3) |
Cash or Other Contributions (City
or CIB) - Unspecified |
| $15M |
Total |
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STATE OF INDIANA
|
| $7M |
1) |
Raise Professional Sports Development
Area (PSDA) Cap from $5M to $12M |
| $8M |
2) |
Raise Wagering Tax on Riverboats
at Top Bracket from 35% to 36% - Stadium Will Receive the First $8M
of Revenue |
| $15M |
Total |
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TOTAL - $44M
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