H.R. 811, the No Tax Subsidies for Stadiums Act, introduced by Rep. Steve Russell, R-Okla., would treat sports stadium financing obligations as private activity bonds if the obligations meet the private business use test.
H.R. 811, the No Tax Subsidies for Stadiums Act, introduced by Rep. Steve Russell, R-Okla., would treat sports stadium financing obligations as private activity bonds if the obligations meet the private business use test.