{"id":2414,"date":"2022-02-18T00:24:56","date_gmt":"2022-02-18T00:24:56","guid":{"rendered":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/?p=2414"},"modified":"2022-02-18T00:24:56","modified_gmt":"2022-02-18T00:24:56","slug":"elements-of-a-stadium-bill-in-22-bonds-bonds-bonds","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/elements-of-a-stadium-bill-in-22-bonds-bonds-bonds\/","title":{"rendered":"Elements of a Stadium Bill in 22. Bonds. Bonds. Bonds."},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">What is happening? the Virginia Legislature passed legislation to build a new professional sports area for the for the Washington Commanders<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Why is this important? The legislation has the following elements:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Creates the \u00a0&#8220;football stadium authority&#8221; to oversee the construction and financing of a new stadium and retail\/entertainment complex<\/li><li>sell bonds to help fund a $1 billion stadium<\/li><li>$2 Billion investment from the Commanders to finish out the development<\/li><li>Allows the commanders to receive revenue in the form of \u00a02% of the sales tax on items sold within the commercial complex<\/li><li>The Senate wants to give the team provide additional revenue stream where the team would be able to recapture a percentage of the state&#8217;s income tax on players and executives<\/li><li>The House wants the team to pay at least 50% of its stadium naming-rights deal to the authority until the state&#8217;s bonds used to fund the stadium are paid off.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">How will this be important? There&#8217;s stadium competition from D.C. to the current location in MD<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.nbcwashington.com\/news\/sports\/nbcsports\/virginia-state-legislature-passes-bills-for-commanders-stadium-project\/2974646\/\">4Washington | Virginia State Legislature Passes Bills for Commanders Stadium Project<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is happening? the Virginia Legislature passed legislation to build a new professional sports area for the for the Washington Commanders Why is this important? The legislation has the following elements: Creates the \u00a0&#8220;football stadium authority&#8221; to oversee the construction and financing of a new stadium and retail\/entertainment complex sell bonds to help fund a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2414","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/2414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/comments?post=2414"}],"version-history":[{"count":1,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/2414\/revisions"}],"predecessor-version":[{"id":2415,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/2414\/revisions\/2415"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/media?parent=2414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/categories?post=2414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/tags?post=2414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}