HB3959 creates the Major Sports Leagues Rebate Program Act, which allows professional sports teams in the state to receive up to $10 million per year in cash incentive payments.
The Senate passed HB3959 on April 24, 2024, by a vote of 35 to 9. We have assigned pluses to the nays because government has absolutely no business subsidizing professional sports. Privately-owned billion-dollar organizations, such as the Oklahoma City Thunder, can and should be expected to compete and operate in a free market. “Economic development” is merely a cliché or code word used by cronies to coerce taxpayers into paying proliferate amounts of money to fund corporate-sponsored spending bills outside the limited purpose and scope of government. Not surprisingly, this bill is dependent on the income tax, which itself is an immoral, anti-constitutional act of government-imposed theft that takes from citizens the wages they have rightfully earned.