US HB4838 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 22 2016 - 25% progression, died in committee
Action: 2016-03-22 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 22 2016 - 25% progression, died in committee
Action: 2016-03-22 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
No Tax Subsidies for Stadiums Act This bill amends the Internal Revenue Code to prohibit the use of tax-exempt state and local financing bonds for a professional entertainment facility. A professional entertainment facility is a facility that is used during any five days in a calendar year as: (1) a stadium or arena for professional sports exhibitions, games, or training; or (2) a venue for any entertainment event which has a live audience exceeding 100 individuals and the net earnings from which benefit an individual or entity other than a governmental entity or a tax-exempt organization.
Title
No Tax Subsidies for Stadiums Act
Sponsors
| Rep. Steve Russell [R-OK] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-22 | House | Referred to the House Committee on Ways and Means. |
| 2016-03-22 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/4838/all-info |
| Text | https://www.congress.gov/114/bills/hr4838/BILLS-114hr4838ih.pdf |
