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United States · Bill · S

S. 1342 (115th)

Eliminating Federal Tax Subsidies for Stadiums Act of 2017

referredUnited States· United States Congress· EN

Introduced

12 June 2017

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

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 is taxable unless it is used for certain qualified private activities.)

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Documents

3 official files

Introduced in Senate (text)

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