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HB 2704 to be signed into law, Chase Field funding secured

Related Topics: Andy Kunasek, Ken Kendrick

Possibly this week, Arizona Governor Katie Hobbs will sign HB 2704, which provides a source of funding for maintenance on Chase Field, the home of the Arizona Diamondbacks. It hopefully draws to a close a lengthy, and occasionally nasty, saga as the team sought to secure money for repairs and updates to the infrastructure of the ballpark. With the current agreement expiring in 2027, time was beginning to run out for a settlement. The final deal basically uses sales taxes from Chase Field and other buildings in the area, as well as state income taxes from certain employees of the team, for the next 30 years.