House Bill 3830
115th Congress(2017-2018)
PRO Sports Act
Introduced
Introduced in House on Sep 26, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3830
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Blake Farenthold
grade
Texas
No House votes have been held for this bill.
Summary
Properly Reducing Overexemptions for Sports Act or the PRO Sports Act
This bill amends the Internal Revenue Code to remove professional football leagues from the list of tax-exempt organizations.
No organization or entity shall be 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 (including by managing league business affairs, officiating or providing referees, coordinating schedules, managing sponsorships or broadcast sales, operating loan programs for competition facilities, or overseeing player conduct); and (2) has annual gross receipts in excess of $10 million.
September 26, 2017
09/26/2017
Referred to the House Committee on Ways and Means.
09/26/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:38:40 PM