8 February 2006
This will pass quickly enough
Senate Bill 1022, by Mike Morgan and Todd Hiett (as heavyweight authorship goes, you can't get much heavier), adds one new sales tax exemption to the 50 already in existence:
51. Sales of tickets made on or after September 21, 2005, for admission to a professional athletic event in which a team in the National Basketball Association or National Hockey League is a participant, which is held in a facility owned or operated by a municipality or a public trust of which a municipality is the sole beneficiary.
Which, of course, applies to the Hornets: this was part of the package deal that brought the Bees to OKC, but the legislature was out of session at the time.
(Full text here, in Rich Text Format.)Posted at 7:06 AM to Net Proceeds , Soonerland