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TALLAHASSEE (CBSMiami/AP) — Millions of dollars in funding may be given to three Florida professional sports teams and Daytona International Speedway.
A Florida Senate panel on Tuesday tacked a provision into an economic development bill that would guarantee taxpayer money to the racetrack and the stadiums used by the Jacksonville Jaguars, Miami Dolphins and the Orlando City Lions.
The proposals would cost the state $255 million over the next two to three decades.
It’s not clear if the legislation will pass by the May 1st deadline.
Rep. Richard Corcoran, a top House Republican, said he could not understand setting aside money for “billionaire sports owners” while legislators have a stalemate over health care funding.
A legislative panel was supposed to approve the funding requests for the teams in February but a vote on the item was delayed.
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