They have become the most common form of debt financing10. The primary reason for the passage of two acts in the mid-1980s (the Deficit Reduction Act and the Tax Reform Act) was to: Group of answer choices Discourage cities and states from issuing tax-exempt bonds to finance new sports facilities. Shift local government subsidies for sport facility development from "hard" to "soft" taxes. Eliminate completely the formation of public-private partnerships. Ensure team owners paid the "lion's share" of new sport facility costs