The deal still needs the governor's signature, and MLB still must approve the Athletics' move.
CARSON CITY, Nev. -- The Oakland Athletics cleared a major hurdle for their planned relocation to Las Vegas after the Nevada Legislature gave final approval on Wednesday to public funding for a portion of a proposed $1.5 billion stadium with a retractable roof.
The Assembly approved the final version of the bill with $380 million in taxpayer money on a 25-15 vote after making minor changes to the measure the Senate approved on a 13-8 vote Tuesday just hours before the Vegas Golden Knights won the Stanley Cup. The $380 million in public funding would mainly come from $180 million in transferable tax credits and $120 million in county bonds. Backers have pledged that the creation of a special tax district around the proposed stadium -- that would be the smallest in Major League Baseball -- would generate enough money to pay off those bonds and interest. The plan would not directly raise taxes.
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