The House had sought to eliminate the tax exemption for bonds used to build professional sports stadiums, but the provision was removed during the GOP leadership’s conference negotiations.
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Rep. Dina Titus has sent a letter to congressional leaders urging a conference committee to add language that would exempt two major Las Vegas projects from a bill that would ban the use of tax-exempt bonds for stadiums used by professional sports teams.
Oakland Raiders executives have told the NFL that Goldman Sachs is committed to financing the team’s proposed domed stadium in Las Vegas with or without an investment from casino executive Sheldon Adelson, the Las Vegas Stadium Authority board learned Thursday.
