[Congressional Record Volume 163, Number 196 (Friday, December 1, 2017)]
[Senate]
[Page S7755]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1844. Mr. LANKFORD submitted an amendment intended to be proposed 
to amendment SA 1618 proposed by Mr. McConnell (for Mr. Hatch (for 
himself and Ms. Murkowski)) to the bill H.R. 1, to provide for 
reconciliation pursuant to titles II and V of the concurrent resolution 
on the budget for fiscal year 2018; which was ordered to lie on the 
table; as follows:

       At the appropriate place, insert the following:

     SEC. __. NO TAX EXEMPT BONDS FOR PROFESSIONAL STADIUMS.

       (a) In General.--Section 103(b), as amended by this Act, is 
     further amended by adding at the end the following new 
     paragraph:
       ``(4) Professional stadium bond.--Any professional stadium 
     bond.''.
       (b) Professional Stadium Bond Defined.--Subsection (c) of 
     section 103 is amended by adding at the end the following new 
     paragraph:
       ``(3) Professional stadium bond.--The term `professional 
     stadium bond' means any bond issued as part of an issue any 
     proceeds of which are used to finance or refinance capital 
     expenditures allocable to a facility (or appurtenant real 
     property) which, during at least 5 days during any calendar 
     year, is used as a stadium or arena for professional sports 
     exhibitions, games, or training.''.
       (c) Effective Date.--The amendments made by this section 
     shall apply to bonds issued after November 2, 2017.
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