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SectionXX|ExemptionfromNeworExpandedIndustrySpecificTaxes
ALTERNATIVEA
Note:Thecurrentdraftdoesnotprovideanyexemptionfromneworexpandedindustryspecifictaxes.
ALTERNATIVEB
Note:ExemptstotheNFLstadiumproject,NFLteamandNFLeventsfromanyneworexpanded
industryspecifictaxesimposedsubsequenttotheapprovalofthisact.
SECTIONXX.Noneworadditionallocalsales,useorothertaxshallbeimposedonsalesattheNFL
stadiumprojectsite,includingbutnotlimitedtoanytickettax,unlessthetaxisapplicablethroughout
thetaxingjurisdiction.Totheextentanytaxnotinexistenceatthetimethisactispassedis
subsequentlyimposedontheNFLteamoranyNFLeventrelatedrevenuesattheNFLstadiumproject,
thentheNFLteamshallbereimbursedforallamountspaidbytheNFLteamtosatisfyanysuchtax
obligationsassetforthinsection22ofthisact,.
TECHNICALNOTES:
IfAlternativeBisselected:
1.Section22(FinancingWaterfall)willneedtobeadjustedtoreflectthereimbursementamount.
(h)AreimbursementtotheNFLteamintheamountofanytaxespaidbytheNFLteamforanytax
leviedbyanystate,localormunicipaltaxontheNFLstadiumproject,NFLeventsorNFLeventrelated
revenues,includingbutnotlimitedtoanytickettax,thatarepassedorimposedsubsequenttothe
approvalofthisactoranytaxpaidasaresultofamodificationorrepealofanyabatementor
incentiveexistingonthedatethisactisapproved.