SB1480

Missouri SB1480 modifies provisions for public facilities, establishing lessee liability for demolition or reconstruction costs.

Missouri SB1480 amends Chapter 49 to add the "Missouri Sports Franchise Responsibility Act." It establishes that lessees of public facilities may be liable for a proportionate share of demolition or substantial reconstruction costs if the facility is not reasonably adaptable or usable without such actions. The bill outlines procedures for determining liability, including assessing the condition of the facility, attributing costs to the lessee, and limiting liability to costs directly attributable to the lessee's exclusive-use configuration or lessee-installed improvements.