S 1192
No Tax Subsidies for Stadiums Act of 2025
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the No Tax Subsidies for Stadiums Act of 2025, aims to prevent professional sports stadiums from receiving tax breaks through the use of tax-exempt bonds. It modifies the Internal Revenue Code to specifically define ‘professional stadium bonds’ and ensure that bonds financing stadium construction or renovation are not treated as tax-exempt. This would limit the amount of public money that can be used to subsidize stadium projects. The bill takes effect for bonds issued after its enactment.
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