Bill Text: IL SB2596 | 2023-2024 | 103rd General Assembly | Introduced


Bill Title: Creates the Fan-Funded Stadium Act. Provides that, if any professional sports team (i) uses a tax-supported facility for most of its home games during the regular season of the professional sports league in which the team participates and (ii) receives financial assistance from the State or a political subdivision of the State, then that professional sports team shall not cease playing most of its home games at the tax-supported facility and begin playing most of its home games elsewhere unless the owner of the professional sports team enters into an agreement with the municipality in which the tax-supported facility is located permitting the team to play most of its home games elsewhere or gives the municipality in which the facility is located not less than 6 months' advance notice of the owner's intention for the team to cease playing most of its home games at the facility and gives the municipality or any individual or group of individuals who reside in the area the opportunity to purchase the team.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2023-10-18 - Referred to Assignments [SB2596 Detail]

Download: Illinois-2023-SB2596-Introduced.html


103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
SB2596

Introduced 10/18/2023, by Sen. Robert Peters

SYNOPSIS AS INTRODUCED:
New Act

Creates the Fan-Funded Stadium Act. Provides that, if any professional sports team (i) uses a tax-supported facility for most of its home games during the regular season of the professional sports league in which the team participates and (ii) receives financial assistance from the State or a political subdivision of the State, then that professional sports team shall not cease playing most of its home games at the tax-supported facility and begin playing most of its home games elsewhere unless the owner of the professional sports team enters into an agreement with the municipality in which the tax-supported facility is located permitting the team to play most of its home games elsewhere or gives the municipality in which the facility is located not less than 6 months' advance notice of the owner's intention for the team to cease playing most of its home games at the facility and gives the municipality or any individual or group of individuals who reside in the area the opportunity to purchase the team.
LRB103 34140 HLH 64045 b

A BILL FOR

SB2596LRB103 34140 HLH 64045 b
1 AN ACT concerning sports facilities.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 1. Short title. This Act may be cited as the
5Fan-Funded Stadium Act.
6 Section 5. Definitions. As used in this Act:
7 "Government subsidy" means a method of financing the
8construction or renovation of a tax-supported facility using
9State or municipal bonds, tax exemptions, or direct payments
10of public moneys.
11 "Tax-supported facility" means a sports stadium located in
12the State that is constructed or renovated, in whole or in
13part, using a government subsidy, whether that construction or
14renovation occurred before, on, or after the effective date of
15this Act.
16 Section 10. Professional sports teams; home games. If any
17professional sports team (i) uses a tax-supported facility for
18most of its home games during the regular season of the
19professional sports league in which the team participates and
20(ii) receives financial assistance from the State or a
21political subdivision of the State, then that professional
22sports team shall not cease playing most of its home games at

SB2596- 2 -LRB103 34140 HLH 64045 b
1the tax-supported facility and begin playing most of its home
2games elsewhere unless the owner of the professional sports
3team either:
4 (1) enters into an agreement with the municipality in
5 which the tax-supported facility is located permitting the
6 team to play most of its home games elsewhere; or
7 (2) gives the municipality in which the facility is
8 located not less than 6 months' advance notice of the
9 owner's intention for the team to cease playing most of
10 its home games at the facility and, during the 6 months
11 after that notice, gives the municipality or any
12 individual or group of individuals who reside in the area
13 the opportunity to purchase the team.
14 Section 15. Enforcement. If a professional sports team
15does not comply with the provisions of this Act, then the
16municipality in which the tax-supported facility is located
17may file a complaint in the circuit court for the county in
18which the tax-supported facility is located seeking injunctive
19relief, actual damages, or both.
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