PlainBillCongress, translated.Legislation. Context. Public interest.Sponsor introductory remarks on measure. (CR E1510)
Congressional Research Service
Version 00 · Introduced in House · Jun 14, 1995
District of Columbia Sports Arena Financing Act of 1995 - Authorizes an agency or instrumentality to borrow funds to develop and construct a sports arena in the District of Columbia if it is granted such authority by the District government. Prohibits such debt from: (1) being considered a general obligation debt of the District for any purpose; (2) constituting the lending of the public credit for private undertakings for purposes of the District of Columbia Self-Government and Governmental Reorganization Act; and (3) being a pledge of, or involve the full faith and credit of, the District. Permits the District and such agency or instrumentality to pledge as security for any borrowing undertaken pursuant to this Act any District revenues which are attributable to the sports arena tax. Excludes such pledged revenues from the formula used to calculate the annual aggregate limit on the District's debt. Allows the following activities to be carried out without the enactment of appropriations by the Congress: (1) proceeds of any borrowing conducted pursuant to this Act; (2) pledging of revenues as security for such borrowing; and (3) payment of principal, interest, or other costs associated with such borrowing.
People & committees
Del. Norton, Eleanor Holmes [D-DC-At Large] · D–DC
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Sponsor introductory remarks on measure. (CR E1510)
Subcommittee Hearings Held.
Referred to the Subcommittee on District of Columbia.
Referred to the House Committee on Government Reform and Oversight.
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.
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