SPORTS »» REGULATION »» STADIUM SUBSIDIES »» Dec 28, 2020

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. Pending Legislation: H.R.2446 - No Tax Subsidies for Stadiums Act of 2019 I oppose reforming current stadium financing policy and wish to donate resources to the campaign committee of either Speaker Nancy Pelosi (CA) or Leader Charles Schumer (NY). I support prohibiting 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, and wish to donate resources to the campaign committee of either Rep. Richard Neal (MA) and/or Rep. Earl Blumenauer (OR), and/or to an advocate group currently working with this issue.

Winning Option »» No issues were voted

I oppose reforming current stadium financing policy and wish to donate resources to the campaign committee of either Speaker Nancy Pelosi (CA) or Leader Charles Schumer (NY).

Trustee Candidates

Representative If elected as a trustee, the campaign committee of Speaker Nancy Pelosi (CA) will be unconditionally awarded the funds pledged to this issue along with a letter requesting her to favorably consider blocking legislation relating to stadium financing policy.

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No trustee votes received.

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