Mike Reynolds Rips NBA 'Boondoggle' Bill

Legislation providing tax incentives to NBA basketball teams may contain major flaws that could ultimately drain hundreds of millions of taxpayer dollars that would otherwise go to schools, roads, and health care programs, Rep. Mike Reynolds warned today.

"We've already eliminated one major loophole that would have given millions of taxpayer dollars to out-of-state teams that simply visit Oklahoma, but this bill is still fatally flawed," said Reynolds, R-Oklahoma City. "Voters need to contact their legislators to voice opposition to this multi-million-dollar boondoggle."

Senate Bill 1819 would expand Oklahoma's Quality Jobs Act,originally designed to lure manufacturers to the state, to include NBA teams. The bill would permit an NBA team to receive rebates on the taxable payroll paid to players.

The bill is expected to receive a final vote in the House today.

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