SENATE 2519118th CongressRead twice and referred to the Committee on Finance.
Sports League Tax-Exempt Status Limitation Act
- Last Action
- 7/26/2023
Actions
- 2023-07-26Read twice and referred to the Committee on Finance.
- 2023-07-26Introduced in Senate
CRS Summary
As of 2023-07-26 (00)
Sports League Tax-Exempt Status Limitation Act
This bill denies a tax exemption for professional sports leagues whose assets have an average annual value in excess of $500 million for any 3-taxable year period beginning after 2020.
Cosponsors (1)
- Brian Schatz (D-HI)
Sourced from Congress.gov (public domain).
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