D.C. 'Jock Tax' Proposal Running Into Some Congressional Opposition
- Wisconsin Report Looks at GOs for Basketball Arena. Shields, Yvette // Bond Buyer;11/19/2014, Issue 34213, p1
Annual income taxes Wisconsin receives from Milwaukee Bucks basketball players and team employees would cover repayment of $150 million of 20-year state general obligation backed bonds for a new stadium, according to the nonpartisan Legislative Fiscal Bureau.
- House Vote on Washington, D.C., Baseball Player Income Tax Postponed, for Now. Vadum, Matthew // Bond Buyer;4/8/2003, Vol. 344 Issue 31610, p4
The legislative measure proposed by District of Columbia which would authorize the district to tax the income of professional baseball players earned in the district might be voted on by the full House during the later weeks of April 2003 after the legislators declined to vote on it during its...
- Arlington, Tex., Sells $148M of Taxable Debt for Cowboys Complex. Watts, Jim // Bond Buyer;8/11/2006, Vol. 358 Issue 32443, p6
The article reports on the private placement sale of $147.5 million of taxable revenue bonds with the government serving as conduit issuer for the Dallas Cowboys' financing to finance the construction of the new football stadium complex in Arlington, Texas. The proceeds from bonds sold will...
- D.C. Committees OK Stadium Plan; Barry Returns to Council. Vadum, Matthew // Bond Buyer;11/4/2004, Vol. 350 Issue 32004, p7
Reports that two Washington, D.C., council committees have approved Mayor Anthony Williams' proposed baseball stadium and community development package. Municipal bond financing included in the package; Bond issues and tax legislation required to finance the stadium's construction.
- Giuliani would use old tax, not bonds to build stadiums. Kruger, Daniel // Bond Buyer;04/21/98, Vol. 324 Issue 30376, p1
Reports that Mayor Rudolph Giuliani has proposed delaying the implementation of tax cuts, rather than float bonds, in order to build the New York Yankee stadium. Reaction of the municipal bond market to the proposal; Staples Inc.'s fee for naming rights; Location of the stadium.
- Maryland Income Tax Hike Could Spur Residents to Look at Munis. Sanchez, Humberto // Bond Buyer;1/14/2008, Vol. 363 Issue 32794, p8
The article reports on the possible impact of the state personal income tax hike in Maryland. According to experts, the tax hike will possibly lead residents to buy more municipal bonds sold by the state and its local governments. Mark DeMitry, portfolio manager at OppenheimerFunds Inc., said...
- Hunt for yield might lead pension funds to taxable muni debt. BAERT, RICK // Pensions & Investments;7/8/2013, Vol. 41 Issue 14, p6
The article looks at investment strategies for institutional investors, as of 2013. It cites U.S. taxable municipal bonds as a fixed-income investment option that can offer higher yields than other fixed-income investments. It reports that the Alaska Retirement Management Board is the first...
- Seattle Stadium survives. Marois, Michael B. // Bond Buyer;04/27/99, Vol. 328 Issue 30628, p1
Reports that the United States Supreme Court has decided not to hear a challenge to a 1997 municipal bond referendum that approved financing for a stadium in Seattle, Washington. Construction of a sports facility for the Seattle Seahawks football team; Conditions imposed on team owner Paul...
- Demolition of Seattle Kingdome Will Clear Way for New Construction Debt. Marois, Michael B. // Bond Buyer;03/20/2000, Vol. 331 Issue 30852, p3
Reports on the Washington State's municipal bonds deal to finance the construction of a stadium in King County for the Seattle Seahawks football team as of March 20, 2000. Details of the general obligation bond deal.