PRO Sports Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Aug 7, 2020)
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 happenedAug 7, 2020
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseAug 7, 2020
- Aug 7, 2020IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Aug 7, 2020IntroReferralIntro-H
Introduced in House
- Aug 7, 2020IntroReferral1000
Introduced in House