Blumenauer Introduces No Tax Subsidies for Stadiums Act
February 15, 2023
February 15, 2023
WASHINGTON, Feb. 15 -- Rep. Earl Blumenauer, D-Oregon, issued the following statement on Feb. 14, 2023:
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"Today I introduced the No Tax Subsidies for Stadiums Act. This commonsense legislation will close the tax loophole that allows a tax-exemption on municipal bonds used to finance professional sports stadiums.
For more than a century, the federal government has supported state and local infrastructure projects by excluding the interest on munici . . .
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"Today I introduced the No Tax Subsidies for Stadiums Act. This commonsense legislation will close the tax loophole that allows a tax-exemption on municipal bonds used to finance professional sports stadiums.
For more than a century, the federal government has supported state and local infrastructure projects by excluding the interest on munici . . .