To amend the Internal Revenue Code of 1986 to establish special rules relating to which professional sports leagues qualify to be exempt from taxation.

1/23/2024, 7:59 AM

This bill denies tax-exempt status to certain professional sports leagues with gross receipts exceeding $1 billion during any of the five preceding taxable years.

Congress
118
Number
HR - 6774
Introduced on
2023-12-13
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

12/13/2023
Text
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Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This bill denies tax-exempt status to certain professional sports leagues with gross receipts exceeding $1 billion during any of the five preceding taxable years.

Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to establish special rules relating to which professional sports leagues qualify to be exempt from taxation.
Policy Areas
Taxation

Comments

Recent Activity

Latest Summary1/23/2024

This bill denies tax-exempt status to certain professional sports leagues with gross receipts exceeding $1 billion during any of the five preceding taxable years.

Latest Action12/13/2023
Referred to the House Committee on Ways and Means.