Board of Aldermen Advance Stadium Bill
St. Louis, MO – The stadium bill cuts the five percent amusement tax on ticket sales once a 200-million dollar private investment is made towards a new ballpark. Opponents of the bill urged the committee to delay their vote until after November 5. But 13th ward alderman Fred Wessels says low interest rates prompted the committee to move now.
Opponents say the city is moving quickly on the deal in an effort to cut off the public's ability to vote on it next month. The full board of aldermen could approve the tax reduction as early as October 18.