H.R. 811 · 115th Congress
No Tax Subsidies for Stadiums Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
RussellSponsor16 cosponsors · 5 D, 11 R
D
Blumenauer
MM
R
Meadows
TR
D
Ryan
DB
D
Beyer
MG
R
Gaetz
RN
R
Norman
SP
R
Palazzo
RK
D
Khanna
KH
R
Handel
WJ
R
Jones
JR
D
Raskin
RA
R
Abraham
MK
R
Kelly
CC
R
Curbelo
JJ
R
Jordan
PG
R
Gosar2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill amends the Internal Revenue Code, with respect to the tax exemption requirements for state and local bonds, to specify that bonds issued to finance professional sports stadiums meet the private security or payment test.
What it does: CRS summary · Introduced in House · Feb 1, 2017
No Tax Subsidies for Stadiums Act
This bill amends the Internal Revenue Code, with respect to the tax exemption requirements for state and local bonds, to specify that bonds issued to finance professional sports stadiums meet the private security or payment test. (A state or local bond that satisfies both the private business use test and the private security or payment test is considered a private activity bond that is taxable unless it is used for certain qualified private activities.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: No Tax Subsidies for Stadiums Act
Latest action (Feb 1, 2017): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Feb 1, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.