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Las Vegas stadium plan gains approval from Nevada Legislature

CARSON CITY, Nev. -- A plan to put $750 million in hotel tax dollars toward an NFL stadium in Las Vegas has cleared the Nevada Legislature and heads toward final review from a supportive governor.

The Nevada Senate approved an amendment Friday after both the Senate and Assembly backed a bill by at least two-thirds. It will raise hotel taxes in the Las Vegas area by up to 1.4 percentage points to help fund the stadium and a convention center expansion.

"I would like to thank Governor Sandoval, the Southern Nevada Tourism Infrastructure Committee, and the members of the Nevada Legislature on this historic day," said Raiders owner Mark Davis in a statement.