Miami Dolphins

STADIUM FINANCING

Dolphins get unanimous support for stadium tax deal in first Senate hearing

 

The Dolphins’ chances at getting a tax deal appear strong, but they have competition because several other sports facilities in Florida are lining up to try out for tax deals of their own.

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A rendering of proposed changes to Sun Life Stadium, showing a partial roof covering.
A rendering of proposed changes to Sun Life Stadium, showing a partial roof covering.
Miami Dolphins

WHAT’S NEXT

A bill to provide the Miami Dolphins more than $200 million in tax relief for a $400-million stadium renovation passed its first committee Thursday. The measure easily cleared its first legislative hurdle, despite increased scrutiny for stadium deals after a much-maligned taxpayer-funded deal with the Miami Marlins.

The bill still must make it through several more committee stops in the Florida House and Senate, and get majority approval from lawmakers in both chambers. Finally, it must get Gov. Rick Scott’s signature and additional approval from the Miami-Dade County Commission to go into effect.


Herald/Times Tallahassee Bureau

“You have a sure deal here,” said Sen. Gwen Margolis, D-Miami. “You know that they’re going to employ more people. You know that it’s going to bring in more money.”

The Dolphins are asking for the mainland hotel tax to increase from 6 percent to 7 percent, as well as up to $90 million in sales tax rebates, paid out over 30 years. The $3 million annual tax break would be in addition to $2 million in annual payments SunLife is already receiving. Altogether, taxpayer money would help fund about half of the costs for the $400 million renovation. SunLife stadium CEO Mike Dee testified that the revamp would help South Florida attract “four or five Super Bowls and four or five college [football] championship games” over the next quarter-century.

The team’s bill, sponsored by Sen. Oscar Braynon, D-Miami Gardens, cleared its first hurdle with Tuesday’s vote, but it still faces an uphill climb. There will be several more committee stops and the bill also has to clear the Florida House, where Braynon acknowledged that there’s still some heavy lifting to do.

“In the Senate, I don’t think that we’re going to have as many problems as we’re going to have in the House,” he said.

Several stakeholders came up to Tallahassee on Tuesday to support the bill at its first committee hearing, including Miami Gardens mayor Oliver Gilbert, SunLife stadium CEO Mike Dee and Miami-Dade Chamber of Commerce President Bill Diggs.

The Greater Miami Chamber of Commerce could endorse the Dolphins’ tax plan Wednesday. The business group’s executive board has recommended an endorsement, and the full board will consider the issue at a morning meeting, Chamber executives said.

Miami Herald reporter Doug Hanks contributed to this article. Toluse Olorunnipa can be reached at tolorunnipa@MiamiHerald.com or on Twitter at @ToluseO.

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