Mattiello: House Finance Committee to Review New PawSox Stadium Proposal in Fall

GoLocalProv News Team

Mattiello: House Finance Committee to Review New PawSox Stadium Proposal in Fall

Speaker Nicholas Mattiello
Speaker Nicholas Mattiello said Tuesday that the lastest Pawtucket Red Sox stadium financing proposal will be reviewed by the House Finance Committee in the fall.

“I have been clear that a bill on a Pawtucket Red Sox’ stadium would not be introduced until it had the Governor’s stamp of approval. Now that she has given the proposal her support, legislation will be introduced by the Pawtucket House delegation and it will be at the request of the Commerce Corporation, which the Governor chairs. This bill will be fully reviewed by the House Finance Committee this fall," Mattiello said in a statement. 

The new proposal was endorsed by Governor Gina Raimondo on Monday and will be introduced in the Senate by Democrat William J. Conley Jr.

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The new proposal calls for a $23 million state investment to help finance the estimated $83 million stadium - and the City of Pawtucket to gaurantee the bonds, not the State of Rhode Island as the backstop. 

Latest in PawSox' Apex Attempts

The previous proposal from the PawSox ownership in 2017 fell apart just over a month ago in May.

As GoLocal reported

What a difference a day makes. On Monday, Governor Gina Raimondo told GoLocal after the Commerce Corporation meeting that she supported the proposed package negotiated by her Commerce Secretary Stefan Pryor.

But, by Tuesday afternoon the proposed $38 million ask in public financing by the owners of the PawSox  was dead for this legislative session. Senate President Dominick Ruggerio shot it down. Ironically, he had been publicly the strongest supporter.


Pawsox Stadium Timeline

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