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- S.1342
S.1342: Eliminating Federal Tax Subsidies for Stadiums Act of 2017
About This Bill
- Introduced June 12, 2017
- Latest Major Action June 12, 2017
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - June 12, 2017
Bill Summary
Eliminating Federal Tax Subsidies for Stadiums Act of 2017 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...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| June 12, 2017 |
Read twice and referred to the Committee on Finance.
|
| June 12, 2017 |
Introduced in the Senate by Cory Booker (D-N.J.) |