Bill116th CongressFiled Apr 30, 2019Taxation
S. 1242
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.
Bill journey · stage 2 of 5
Under committee review
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Became LawLaw
What it doesSummary introduced in senate (Apr 30, 2019)
This bill prohibits a professional stadium bond from being treated as a tax-exempt state or local bond. A "professional stadium bond" is used to finance or refinance a facility or real property used as a stadium or arena for professional sports exhibitions, games, or training.
What just happenedApr 30, 2019
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Booker, Cory A. [D-NJ](D-NJ)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions1related bills6subjects
- Introduced in SenateApr 30, 2019
- Apr 30, 2019IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Apr 30, 2019IntroReferral10000
Introduced in Senate