Original Fair Housing Resolution of 2021
- Last Action
- 11/9/2021
Actions
- 2021-01-19Referred to the House Committee on Ways and Means.
- 2021-01-19Referred to the Subcommittee on Health.
- 2021-01-19Introduced in House
- 2021-01-19Introduced in House
CRS Summary
As of 2021-01-19 (00)
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.
Subjects
- Professional sports
- Tax-exempt organizations
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.