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

Hozzl · 2024-01-23T07:59:31Z

Explore the details of House Bill 6774 To amend the Internal Revenue Code of 1986 to establish special rules relating to which professional sports leagues qualify to be exempt from taxation. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

1/23/2024, 7:59 AM

Congressional Summary of HR 6774

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.

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Current Status of Bill HR 6774

Bill HR 6774 is currently in the status of Bill Introduced since December 13, 2023. Bill HR 6774 was introduced during Congress 118 and was introduced to the House on December 13, 2023. Bill HR 6774's most recent activity was Referred to the House Committee on Ways and Means. as of December 13, 2023

Bipartisan Support of Bill HR 6774

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 6774

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 6774

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

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Comments

Sponsors and Cosponsors of HR 6774

Mike Thompson

California(Democrat)

Vern Buchanan

Florida(Republican)

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