118th Congress · SENATE BILLBILL

S. 392 — No Tax Subsidies for Stadiums Act of 2023

“A bill 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 13, 2023

Last action Feb 13, 2023

Pipeline · Bill → Law

Step 1

Introduced

Feb 13, 2023

Step 2

Referred

Feb 13, 2023

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

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 Senate

Timeline · 2 actions

Feb 13, 2023

Introduced in Senate

Feb 13, 2023

Read twice and referred to the Committee on Finance.