118th Congress · HOUSE BILLBILL

H.R. 993 — No Tax Subsidies for Stadiums Act of 2023

“To amend the Internal Revenue Code of 1986 to ensure that bonds used to finance professional stadiums are not treated as tax-exempt bonds.”

Taxation

Introduced Feb 14, 2023

Last action Feb 14, 2023

Pipeline · Bill → Law

Step 1

Introduced

Feb 14, 2023

Step 2

Referred

Feb 14, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill denies an exclusion from tax of the interest on professional stadium bonds (i.e., bonds used to finance or refinance capital expenditures for a stadium or arena used for professional sports exhibitions, games, or training).

Provisions · 2 sectionsIntroduced in House

Timeline · 3 actions

Feb 14, 2023

Introduced in House

Feb 14, 2023

Sponsor introductory remarks on measure.

Feb 14, 2023

Referred to the House Committee on Ways and Means.