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mahatmakanejeeves

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3. Leesburg council opposes NFL stadium in Loudoun; Congress could end tax breaks to teams
Thu Feb 24, 2022, 12:14 PM
Feb 2022
Leesburg council opposes NFL stadium in Loudoun; Congress could end tax breaks to teams

Neal Augenstein | naugenstein@wtop.com

February 24, 2022, 8:04 AM

As the Washington Commanders consider where the team might build a new stadium, the U.S. Congress and officials in Virginia’s Loudoun County are discussing who would pay for it.

Rep. Don Beyer, D-Va., on Tuesday reintroduced a bill he co-authored — “No Tax Subsidies for Stadiums Act,” — that would end the ability of pro sports teams to use tax-free municipal bonds to build new stadiums. Beyers’ district includes Alexandria, Falls Church and Arlington.

“Super-rich sports team owners like Dan Snyder do not need federal support to build their stadiums, and taxpayers should not be forced to fund them,” said Beyer, in a statement. “Billionaire owners who need cash can borrow from the market like any other business. Arguments that stadiums boost job creation have been repeatedly discredited.” ... The bill was co-authored by Reps. Earl Blumenauer, of Oregon, and Jackie Speier, of California. Both are Democrats.

Bills that could lead to construction of a $3 billion Washington Commanders NFL football stadium complex in Prince William or Loudoun counties have cleared both houses of the Virginia General Assembly.

{snip}

Neal Augenstein
Neal Augenstein has been a reporter at WTOP since 1997. Through the years, Neal has covered many of the crimes and trials that have gripped the region. Neal's been pleased to receive awards over the years for hard news, feature reporting, use of sound and sports.

naugenstein@wtop.com
@AugensteinWTOP

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