Public funds are often used to lure pro sports teams to a city or to prevent one from relocating. These enticements include building or renovating stadiums and making improvements to surrounding infrastructure. Team owners often threaten to relocate their teams in order to secure taxpayer assistance for improvements to stadiums and arenas. Since 2000, more than 45 stadiums were either built or renovated at an average cost of $412 million. Since the early 1960s, 91 sports stadiums have been built with public funding, and 22 of them were fully paid for with taxpayer funds. Sometimes, local officials seize land through eminent domain and donate it to sports franchises. Some cities pay their team's property taxes as well as the costs of street construction, security, traffic control and parking. Studies have shown the public receives few, if any, economic benefit from the construction of new stadiums. Critics say taxpayer funds should not be used on building stadiums for wealthy sports franchises when communities have more important needs.

Proposed Legislation: Reintroduction of H.R.993 - No Tax Subsidies for Stadiums Act of 2023
Prospective Sponsor: Rep. Glen Grothman (WI)

• I oppose reforming current stadium subsidy policy and wish to donate resources to the campaign committee of Speaker Mike Johnson (LA).
• I support denying an exclusion from tax of the interest on professional stadium bonds (i.e., bonds used to finance or refinance capital expenditures for a stadium or arena used for professional sports exhibitions, games, or training). And wish to donate resources to the campaign committee of Rep. Glen Grothman (WI) and/or to an advocate group currently working with this issue.