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GlobeSt.com UPDATE: Setback for $1B Stadium Bill

ST. PAUL-A House committee fails to pass a bill that would help the Twins and Vikings build new stadiums. The Twins may have a chance at a new stadium if it the team pursues its own deal separate from the Vikings.

By Jim McCartney | Updated on May 11, 2004

ST. PAUL-The $1.2-billion stadium bill received a setback in the Minnesota Legislature after the House Ways and Means Committee failed to pass the financing measure that would help the Twins and Vikings build new stadiums. Prior to the bill’s defeat, a major amendment changed its financing structure by directing that two-thirds of stadium costs come from liquor and car rental taxes in the metropolitan area.

Some powerful legislators view the vote as fatal for the bill. Others see the Twins’ chances improving if it can get a bill separate from the Vikings.

The changes threatened to draw opposition from Gov. Tim Pawlenty, who is generally viewed a backer of stadium efforts. The amendment would extend taxes on alcoholic beverages and car rentals, both of which were set to expire at the close of 2005. Pawlenty opposes extending the taxes, preferring a tax increment financing plan and increased sales and income tax revenues at the stadium sites instead to provide the state’s share.

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