Bill Sponsor
House Bill 578
118th Congress(2023-2024)
PRO Sports Act
Introduced
Introduced
Introduced in House on Jan 26, 2023
Overview
Text
Introduced
Jan 26, 2023
Latest Action
Jan 26, 2023
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
578
Congress
118
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.
Sponsorship by Party
Republican
Florida
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

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.

Text (1)
January 26, 2023
Actions (2)
01/26/2023
Referred to the House Committee on Ways and Means.
01/26/2023
Introduced in House
Graphics
H.R.578 118 PRO Sports Act 2
H.R.578 118 PRO Sports Act
Public Record
Record Updated
Dec 15, 2023 3:54:00 PM