# 119-s-1192: No Tax Subsidies for Stadiums Act of 2025

119-s-1192, No Tax Subsidies for Stadiums Act of 2025, is a 119th Congress bill sponsored by Sen. Lankford, James [R-OK] (R-OK); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-1192
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1192
- Congress: 119
- Title: No Tax Subsidies for Stadiums Act of 2025
- Status: introduced
- Introduced: 2025-03-27
- Sponsor: Sen. Lankford, James [R-OK] (R-OK)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Eliminates federal tax-exempt status for bonds used to finance or refinance professional sports stadiums.** The bill would add a new "professional stadium bond" category to the tax code and define it so stadium-related debt is treated as taxable when the facility hosts professional sports at least five days in a year. - Municipal issuers and local governments: Bonds issued to fund stadium capital costs after enactment would not qualify for tax-exempt interest treatment. - Professional teams and stadium owners: Debt used to finance or refinance stadiums or related property that hosts pro games at least five days a year would be classified as taxable. - Investors: Interest on these post-enactment stadium bonds would not carry the usual federal tax exemption, removing that tax-preferred yield. - Timing and scope: The change applies only to bonds issued after enactment and targets facilities and appurtenant property meeting the five-day use test.

## Cosponsors (1)

- Sen. Booker, Cory A. [D-NJ] (D-NJ), 2025-03-27T00:00:00.000Z

## Provisions PRIA read

- End tax breaks for stadium bonds: cost, low. This bill would stop federal tax-free treatment for bonds used to build or refinance professional sports stadiums. It would create a new definition, "professional stadium bond." A bond would qualify if its proceeds pay for a facility (or related land) used for professional sports at least 5 days in…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-554: United States-Israel Defense Partnership Act of 2025
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-1816: Improving Seniors’ Timely Access to Care Act of 2025
- 119-s-1261: CONNECT for Health Act of 2025
- 119-s-558: Antisemitism Awareness Act of 2025

## Sources
- [119-s-1192 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1192)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-554: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-s-554)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-1816: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-s-1816)
- [119-s-1261: CONNECT for Health Act of 2025](https://policyrisk.com/legislation/119-s-1261)
- [119-s-558: Antisemitism Awareness Act of 2025](https://policyrisk.com/legislation/119-s-558)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1192 (as of 2025-12-21).