SB 710 - This act authorizes Clay County to establish a county sports complex authority for the purpose of developing, maintaining, or maintaining sports, convention, exhibition, or trade facilities. The authority shall consist of five commissioners to be appointed by the Governor from a panel of nine candidates submitted by the county commission. Commissioners shall serve five year terms, as described in the act. The authority shall have the same powers as other county sports complex authorities as provided in current law.

The county is authorized to establish a Convention and Sports Complex Fund, which shall be separate from the general funds of the county. The General Assembly may annually appropriate an amount not to exceed $3 million into the fund, provided that the county or the authority has entered into a contract or lease with a professional sports team on or after January 1, 2026. In order to receive appropriations of state money pursuant to the act, the county shall enact ordinances for the purchase of goods and services and for construction of capital improvements administered by the authority, and shall commence paying into the fund an amount sufficient for the county to contribute at lease $3 million per calendar year. In no case shall appropriations of state money exceed the amounts contributed by the county into the fund.

The county shall submit an annual report to the General Assembly, as provided in the act.

JOSH NORBERG

Statutes affected:
Introduced (2793S.01): 67.646