Nov 28, 2011 at 9:29 am
ST. PAUL, Minn. (AP) - The push by the Minnesota Vikings for state money for a new stadium is back on the agenda this week at the Capitol.
New proposals to finance the project are being discussed Monday. State Rep. Terry Morrow of St. Peter is holding an afternoon press conference to unveil a new financing plan.
And the Vikings debuted a full-page newspaper ad over the weekend saying income tax collections from Vikings and visiting players, team employees, and sales tax proceeds in the stadium could make up the state share.
That could raise enough to pay a $650 million state share, but lawmakers would then have to cover the ensuing hole in the state general fund.
Two state Senate committees hold a hearing Tuesday to discuss potential locations for the stadium.