HR 916 · 107th Congress · Taxation

Stop Tax-Exempt Arena Debt Issuance Act

Introduced 2001-03-07· Sponsored by Rep. Frank, Barney [D-MA-4]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-03-07)

Plain Language Summary

[AI summary unavailable — showing source text] Stop Tax-Exempt Arena Debt Issuance Act - Amends the Internal Revenue Code to treat certain bonds used directly or indirectly for financing professional sports facilities as private activity bonds and not as qualified bonds, except for certain in progress or approved projects, facilities with final bond resolutions, and current refundings.…

Summarized by Claude AI · Non-partisan · For informational purposes only