Targeted News Service

Sen. Lankford Introduces No Tax Subsidies for Stadiums Act

Bill Intros-Senate
Copyright © Targeted News Service, 2023

2023-03-20

by MYRA TUGADE

WASHINGTON, March 20 -- Sen. James Lankford, R-Okla., introduced the "No Tax Subsidies for Stadiums Act" on Feb. 13, 2023.

S. 392. 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; to the Committee on Finance.

The bill is cosponsored by Sen. Cory Booker, D-N.J.

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SECTION 1. Short title.

This Act may be cited as the "No Tax Subsidies . . .

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Sen. Lankford Introduces No Tax Subsidies for Stadiums Act

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