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H.R. 811: No Tax Subsidies for Stadiums Act

About the bill

Since 2000, 36 sports stadiums have been constructed using $3.2 billion in federal tax subsidies. Check out the full list — maybe your favorite team or your hometown squad is there.

A new bill would end this practice.

The context

It all stems from a provision in a 1986 tax reform bill, which accidentally created a loophole which allowed tax avoidance for many bonds used to finance sports stadiums.

The provision stated that such bonds could be tax-exempt if they were used for more than 90 percent of a stadium ...

Sponsor and status

Steve Russell

Sponsor. Representative for Oklahoma's 5th congressional district. Republican.

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Last Updated: Feb 1, 2017
Length: 2 pages
Introduced:

Feb 1, 2017

Status:

Introduced on Feb 1, 2017

This bill is in the first stage of the legislative process. It was introduced into Congress on February 1, 2017. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.

Prognosis:

3% chance of being enacted according to Skopos Labs (details)

History

Feb 1, 2017
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Pending
 
Ordered Reported

Pending
 
Passed House (Senate next)

Pending
 
Passed Senate

Pending
 
Signed by the President

H.R. 811 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 811 — 115th Congress: No Tax Subsidies for Stadiums Act.” www.GovTrack.us. 2017. November 23, 2017 <https://www.govtrack.us/congress/bills/115/hr811>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.