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HOUSE 2446116th CongressReferred to the House Committee on Ways and Means.

No Tax Subsidies for Stadiums Act of 2019

Last Action
5/1/2019

Actions

  • 2019-05-01Referred to the House Committee on Ways and Means.
  • 2019-05-01Sponsor introductory remarks on measure. (CR E518)
  • 2019-05-01Introduced in House
  • 2019-05-01Introduced in House

CRS Summary

As of 2019-05-01 (00)

No Tax Subsidies for Stadiums Act of 2019

This bill prohibits a professional stadium bond from being treated as a tax-exempt state or local bond. A "professional stadium bond" is used to finance or refinance a facility or real property used as a stadium or arena for professional sports exhibitions, games, or training.

Cosponsors (2)

  • Mark Meadows (R-NC)
  • Donald Beyer (D-VA)

Subjects

  • Income tax exclusion
  • Interest, dividends, interest rates
  • Professional sports
  • Securities
  • Sports and recreation facilities
  • State and local finance
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.