Bill to help pay for Panthers Stadium upgrades passes House
CHARLOTTE, N.C.– The NC House passed a bill Wednesday that would allow the city of Charlotte to use its prepared food and beverage tax to help pay for upgrades to Bank of America Stadium, WBTV reports.
The city wants to increase its prepared food and beverage tax by one percent to help pay for the estimated $200 million renovations and upgrades to Bank of America Stadium.
According to the report, the bill as passed does not allow for an increase in the tax but does allow the city to use all the money from the tax to pay for stadium upgrades.
NC Gov. Pat McCrory has said the he doesn’t see any state money in the Panthers’ future to help with the upgrades.
Read more at WBTV