MADISON - The Wisconsin state Assembly has passed a bill that will devote $250 million in taxpayer money to help pay for a new Milwaukee Bucks arena.
The bill passed on a bipartisan 52-34 vote Tuesday. The measure now goes to Gov. Scott Walker who has been working with lawmakers to reach a deal.
Under the agreement, current and former Bucks owners will pay $250 million toward the cost of the arena. The taxpayer portion will eventually grow to about $400 million over 20 years.
Supporters say the new arena will bring jobs to Milwaukee and help improve the economy of the state. They say a new arena will help the city and state continue to move forward.
Bucks coach Jason Kidd watched the debate from the Assembly gallery.
|Story By: Associated Press