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- H.R.811
H.R.811: No Tax Subsidies for Stadiums Act
About This Bill
- Introduced Feb. 1, 2017
- Latest Major Action Feb. 1, 2017
Bill Sponsor
Bill Cosponsors
16 (5 Democrats, 11 Republicans)
Bill Version
- Introduced in House - Feb. 1, 2017
Bill Summary
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...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Feb. 1, 2017 |
Referred to the House Committee on Ways and Means.
|
| Feb. 1, 2017 |
Introduced in the House by Steve Russell (R-Okla.) |