Back to today’s briefing

Story perspectives

Ohio Senate Seeks $1.7B for New Browns Stadium

6/4/2025

22 3

Summary

Story summary

Ohio Senate Republicans are pushing a bold plan to tap into $1.7 billion from the state's unclaimed property fund to finance a new Cleveland Browns stadium. With $600 million earmarked for the project, the repayment will come from tax revenue. This move comes after Governor DeWine's sports-betting tax proposal was turned down, signaling a shift in funding strategies. Further budget changes are on the horizon.

1 of 1

Story summary

Ohio Senate Republicans are pushing a bold plan to tap into $1.7 billion from the state's unclaimed property fund to finance a new Cleveland Browns stadium. With $600 million earmarked for the project, the repayment will come from tax revenue. This move comes after Governor DeWine's sports-betting tax proposal was turned down, signaling a shift in funding strategies. Further budget changes are on the horizon.