“It’s related to some kind of federal tax exempt status surrounding the municipal bonds “
Municipal bonds in general are exempt from federal taxes.
“Municipal bonds in general are exempt from federal taxes.”
OK, maybe it was some legislation passed that included pro sports stadiums as a municipal project ... I’ll need to read up on it again ... I was speaking off the cuff, but I know something changed at the federal level that helped the ‘new stadium explosion’ that started in the early 1990s catch on everywhere.