TRENTON – Jets and Giants ticket buyers could pay 5 percent more for future games at MetLife Stadium under proposed legislation.
Assemblyman Vincent Prieto, (D-32), Secaucus, is sponsoring a bill that would provide a funding source for the New Jersey Meadowlands Commission, which serves as the zoning and planning agency for a more than 30-square-mile area along the Hackensack River.
The commission, which covers sections of 14 municipalities in Bergen and Hudson counties, would use the revenue to fund flood control, traffic, renewable energy and other infrastructure projects.
In addition to a 5 percent fee on ticket sales in Meadowlands Commission boundaries, the bill, A2981, would create a 1 percent occupancy tax for hotel customers and impose a $1 parking fee for garages and parking lots within the jurisdiction.
Prieto told State Street Wire a cost analysis would determine the potential revenue from the proposed legislation, but said the funds are necessary to ensure a relative small number of residents are not forced to absorb the full financial burden associated with maintaining areas frequented by tens of thousands of people daily.
Using Secaucus as an example, Prieto said his town has about 16,000 full-time residents but caters to a population of about 60,000 people during a given day.
“This would actually give them sort of a jolt to give them money they could work with,” he said, referring to the commission.
“It would give back to the communities for helping these communities that have been impacted because of what’s here,” Prieto said. “It’s a revenue stream that would be recurring and would put back in this district where it’s actually needed to help with traffic.”