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Senate panel advances Coyotes arena proposal, but legislators remain wary

Los Angeles Kings v Phoenix Coyotes

A conflicted Senate panel has agreed to advance a bill setting up a way for the Arizona Coyotes to use tax money to help build a new arena.

The proposal from Sen. Bob Worsley, R-Mesa, would let the Coyotes use half the new sales tax generated from a new arena and business district it wants built to pay off bonds.

The Coyotes have a year-to-year lease on a taxpayer-funded arena in Glendale. They want a new facility either in downtown Phoenix or in Tempe.

The team says it will put in $170 million and expects the same amount from bond sales.

The Senate Transportation and Technology committee approved SB1149 on a 6-1 vote, but many members expressed wariness of the plan.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

One comment

  1. Where’s my free money?

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