- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedFebruary 1st, 2017
- house Committees
Pro sports franchises can access the funding they need to build stadiums without cities and states issuing tax exempt bonds, which reduces the resources available for other infrastructure projects.
If a city or state government and its taxpayers are willing to publicly finance the construction of a pro sports stadium using bonds, they should be considered tax exempt like other municipal bonds.