Sports Community Protection and Stability Act of 1983 - Declares that it shall not be unlawful under any antitrust law for a professional sports league and its member clubs to enforce rules or agreements: (1) authorizing the league membership to decide that a member club shall not be relocated from its league-franchised home area; or (2) providing for the division of league or member club revenues to promote comparable economic opportunity for member clubs. Prohibits any State or local government from imposing limitations on such collective conduct of professional sports leagues.

Requires that any civil action under the antitrust laws to challenge a league decision granting permission to a member club to relocate be commenced in a U.S. district court other than the court for the district from which or to which the club is relocating

Specifies the applicability of this Act to pending actions involving the relocation of a professional sports club.