The recent investigation into the Washington Commandersā workplace, as well as the NFLās lackluster response, are at least part of the reason for newly introduced legislation that would eliminate a tax break for professional sports stadiums.
Reps. Jackie Speier (D-Calif.), Don Beyer (D-Va.) and Earl Blumenauer (D-Ore.) -- introduced a bill on Tuesday that would immediately eliminate a tax break used by professional sports teams. They labeled the bill the "No Tax Subsidies for Stadiums Act."
The recent investigation into the Washington Commandersā workplace, as well as the NFLās lackluster response, are at least part of the reason for newly introduced legislation that would eliminate a tax break for professional sports stadiums.Ā
Reps. Jackie Speier (D-Calif.), Don Beyer (D-Va.) and Earl Blumenauer (D-Ore.) -- introduced a bill on Tuesday that would immediately eliminate a tax break used by professional sports teams. They labeled the bill the "No Tax Subsidies for Stadiums Act."
In a Tuesday statement, the lawmakers said the bill would end the tax-exempt status of municipal bonds that are used to finance professional sports stadiums. Since 2000, subsidies for financing professional sports stadiums have cost taxpayers $4.3 billion despite the billions of dollars in profits that NFL clubs and other professional sports team owners reap each year.
āThe NFL has proven once again that it canāt play by the rules. As such, taxpayers-subsidized municipal bonds should no longer be a reward for the Washington Commanders and other teams that continue to operate workplaces that are dens of sexual harassment and sexual abuse,ā Rep. Speier said. āThere is no reason why these teamsāthe average of which went up in value to $3.48 billion in 2021, according to Forbesāshould have American taxpayers footing any of their bills. It doesnāt make economic sense, and itās particularly galling given the leagueās longstanding failure to address issues of sexual harassment and sexual assault as well as on-going racial and gender discrimination and domestic violence.
āThis issue comes down to communities being held hostage. The NFL and these other sports leagues are a money-making machine that are rich enough to build their own facilities, and we donāt need to divert much-needed public funding to these projects. Letās instead focus on spending our tax dollars on creating communities where all of our families can thrive,ā Rep. Blumenauer said.
Earl Ash, deputy director of Public Policy for Sports Fans Coalition said taxpayers should not being footing the bill for multi-billion-dollar stadiums.Ā
āSports Fans Coalition wholeheartedly supports the No Tax Subsidies for Stadiums Act,ā Ash said in a statement. āThere is no reason why a Montana sports fan should have to fund a sports stadium two states away, let alone any taxpayer subsidize a stadium anywhere. We commend Representatives Speier (D CA-14) and Blumenauer (D OR-3) for their leadership and standing up for sports fans across the country."
