Summary: S.1242 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.1242. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (04/30/2019)

This bill prohibits a professional stadium bond from being treated as a tax-exempt state or local bond. A "professional stadium bond" is used to finance or refinance a facility or real property used as a stadium or arena for professional sports exhibitions, games, or training.