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Statement: W&Ms Hearing on Taxation of Professional Sports

NABL comments submitted to the record of the June 30, 2026 Ways and Means Committee hearing relating to tax-exempt bonds for stadiums and recreational facilities.

Washington DC at Sunrise
Washington DC at Sunrise
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Race to August Recess

Reconciliation 3.0? FY2027 appropriations? Surface transportation reauthorization? Here’s what we’re monitoring this summer.

U.S. Capitol Building under stadium lighting.
U.S. Capitol Building under stadium lighting.
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Hearing on “The Growing Busines of Sports”

This week, the Ways and Means Committee held a hearing on the tax treatment of the sports industry, including the use of tax-exempt bonds for stadiums.

State Farm Stadium in Glendale, Arizona before a Cardinals game in 2019. Source: Wikimedia Commons
State Farm Stadium in Glendale, Arizona before a Cardinals game in 2019. Source: Wikimedia Commons
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“No Stadium Bonds” Bill Reintroduced

Congress has reintroduced a bill to prohibit the use of tax-exempt bonds to finance professional stadiums. Here’s what we know.