The investigation into Washington’s leaders’ workplace — and the NFL’s response — was the impetus for a bill introduced in Congress aimed at eliminating subsidies for professional stadiums.
Three members of Congress — Representatives Jackie Speer (D-CA), Don Beyer (D-Va) and Earl Blumenauer (D-Va) introduced a bill Tuesday that would immediately repeal the tax credit used by professional sports teams. They described the bill as a “No Tax Subsidies Law for Stadiums.”
In a press release, Speer, a member of the House Oversight Committee, cited allegations of sexual harassment surrounding the Washington organization — including owner Dan Snyder — as well as the association’s response to a preliminary investigation, as a primary reason to support it. from the invoice.
“The NFL has proven once again that it can’t stick to the rules. As such, taxpayer-backed municipal bonds should not be a bonus to Washington leaders and other teams who continue to run workplaces where there are significant numbers of sexual harassment and Speer in the “Sexual Assault” statement, “This makes economic sense, which is particularly disturbing given the association’s longstanding failure to address issues of sexual harassment and sexual assault as well as persistent racial and gender discrimination and domestic violence.”
According to a statement, the bill would abolish the tax-exempt status of municipal bonds, which are used to finance professional stadiums. Leaders are trying to build a new stadium. Their lease on the grounds at FedEx Field expires after the 2027 season.
The NFL, through a spokesperson, declined to comment.
The NFL announced Friday that Mary Jo White will lead a new investigation into Snyder after allegations made by Tiffany Johnston during a February 3 congressional roundtable. her in his limousine. Snyder has denied the charges.
Johnston did not speak to attorney Beth Wilkinson during the initial NFL investigation into the franchise. On July 1, the NFL announced a $10 million fine to Washington based on Wilkinson’s findings.
But, in October, Congress launched its own investigation into the NFL’s vetting and pressured the league to turn over its documents. Both sides said the league is cooperating, but the committee continues to pressure them for more. There is a possibility that Congress will issue subpoenas or hold hearings to get the league to comply with its demands.
Money is also at the heart of Tuesday’s bill. The statement said the federal government lost $4.3 billion in revenue due to these tax-exempt municipal bonds. That dollar amount was cited by the National Tax Journal in its March 2020 report, citing the 43 stadiums built since 2000 that were funded, at least in part, through tax-exempt municipal bonds.
“Rich owners like Dan Snyder do not need federal support to build their stadiums, nor should taxpayers be forced to fund them,” Bayer said in a statement. “Billionaires who need cash can borrow from the market like any other business.”