The Bloomberg BNA Tax Management Weekly State Tax Report filters through current state developments and analyzes those critical to multistate tax planning.
By Chris Marr
Feb. 16 — Atlanta’s bid to host a future Super Bowl may hinge partly on the Georgia Legislature’s decision regarding a proposed sales tax exemption for tickets to “major sporting events.”
H.B. 951 would provide the exemption for admissions to events including championship games for the National Football League and national collegiate tournaments; all-star games for Major League Soccer, Major League Baseball, and the National Basketball Association; and any other sporting event estimated to generate at least $50 million of revenue in the host city.
The NFL announced last year that it had selected Atlanta, Miami, New Orleans and Tampa as finalists for hosting the 2019 and 2020 Super Bowls, while Los Angeles also could be eligible if it has a stadium and an NFL team in place. The league said it would announce its final choices by May 2016.
The NFL requires host cities and states to provide sales tax exemptions for Super Bowl tickets, parking and entry fees to related events, or else to refund the amount of those taxes to the NFL, according to the Tax Policy Center, which has voiced opposition to the policy.
H.B. 951 awaits consideration in the state House as part of the Legislature’s 2016 general session, which is scheduled to end March 24.
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Details on H.B. 951 are at http://www.legis.ga.gov/legislation/en-US/Display/20152016/HB/951.
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