Nevada Legislature mulls special session on NFL stadium [View all]

An artist’s illustration of a stadium on Russell Road and Las Vegas Boulevard was revealed during a Southern Nevada Tourism Infrastructure Committee meeting at UNLV Thursday, Aug. 25, 2016.

It’s that time of year again: The only thing standing between Nevada and what many would see as an economic-development win is a legislative deal worth hundreds of millions of dollars.

In 2014, it was Tesla. In 2015, Faraday. This year, an NFL stadium.

Nevada’s Legislature only meets for a few months every two years, so it's expected that a special session needs to be called before the end of 2016 to approve a public-funding deal for the stadium project, put forward by Las Vegas Sands, Majestic Realty and the Oakland Raiders earlier this year. The governor can call one by proclamation, or the Legislature can call itself into session through a petition signed by two-thirds of its members.

Funding needs to be pinned down before stadium backers — including billionaire Sheldon Adelson, Sands’ chairman and CEO — approach NFL owners in January officially about moving the Raiders to Las Vegas.

Read more: http://lasvegassun.com/news/2016/sep/06/nevada-legislature-special-session-raiders-stadium/