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No Tax Subsidies for Stadiums Act of 2025

In committee: it can still change before the session ends.

US HR 2434 · House Bill · 119th Congress

Stage
In committee
Started in
House
Sponsors
2
Latest action
Mar 27, 2025

What it does

The No Tax Subsidies for Stadiums Act of 2025 would amend the Internal Revenue Code to prohibit tax-exempt treatment for bonds used to finance professional stadiums, arenas, or related facilities. It defines a "professional stadium bond" as any bond whose proceeds finance a facility used for at least five days per year for professional sports exhibitions, games, or training. The change would apply to bonds issued after the bill’s enactment, removing a federal tax subsidy for such projects. This affects issuers of municipal bonds seeking to fund professional sports facilities, as those bonds would no longer qualify for federal tax exemption.

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Mar 27, 2025

  2. Committee (Current step)

    In committee · Mar 27, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

No Tax Subsidies for Stadiums Act of 2025 | 52