,i #aaeth ,,congress #ast ,session ,h4 ,r4 #haa ,,in ,,the ,,house ,,of ,,representatives ,february #a1 #bjag,mr4 ,russell 7for himself1 ,mr4 ,meadows1 and ,mr4 ,blumenauer7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to treat obligations financing professional sports stadiums as private activity bonds if such obligations meet the private business use test4 #a4 ,short title ,this ,act may be cited as the ,no ,tax ,subsidies for ,stadiums ,act4 #b4 ,treatment of certain obligations financing professional sports stadiums as private activity bonds 7a7 ,in general ,section #ada7;b7 of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new paragraph3 7#aj7 ,special rule for professional sports stadiums 7,a7 ,in general ,in the case of any issue any proceeds of which are to be used to provide a professional sports stadium1 such issue shall be treated as meeting the private security or payment test of subsection 7b77#b74 7,b7 ,professional sports stadium ,for purposes of this paragraph1 the term professional sports stadium means any facility 7and appurtenant real property7 which1 during at least #e days during any calendar year1 is used as a stadium or arena for professional sports exhibitions1 games1 or training4 4 7b7 ,effective date ,the amendment made by this section shall apply to obligations issued after the date of the enactment of this ,act4