PRO Sports Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Apr 10, 2019)
Properly Reducing Overexemptions for Sports Act or the PRO Sports Act
This bill removes professional football leagues from the list of tax-exempt organizations. The bill also prohibits an organization or entity from being treated as tax-exempt if it (1) is a professional sports league, organization, or association, a substantial activity of which is to foster national or international professional sports competitions; and (2) has annual gross receipts in excess of $10 million.
What just happenedApr 10, 2019
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateApr 10, 2019
- Apr 10, 2019IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Apr 10, 2019IntroReferral10000
Introduced in Senate