Wisconsin Looking For Ways To Pay For New Milwaukee Bucks Arena
The Senate's Republican leader says a deal to commit public dollars to a new $500 million arena for the Milwaukee Bucks could still include a ticket surcharge. Here's what will happen next.
Wisconsin Republicans have crafted a bill that would devote $250 million to the arena through a mix of state and local tax dollars over the next 20 years. The Bucks owners would contribute $150 million and former owner Herb Kohl would contribute $100 million.
According to WKOW-TV, Senate Majority Leader Scott Fitzgerald states that he doesn't know if he has the votes to pass the bill. He said the deal could still include a ticket surcharge.
He said he has told his members to keep their calendars open for a possible floor session next week.
The debate will continue throughout the summer and possibly until the end of the year.
With Basketball beginning in November, there is plenty of time to ensure all of Wisconsin can come up with an approved solution.