3.0.0 578 2024-07-24T15:23:58Z 2024-07-24T15:23:58Z House H HR 2023-01-26 118 [Congressional Record Volume 169, Number 17 (Thursday, January 26, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. STEUBE:H.R. 578.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the U.S. Constitution[Page H430]]]> hswm00 Ways and Means Committee House Standing Referred to 2023-01-26T15:02:05Z 2023-01-26 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2023-01-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-01-26 Introduced in House IntroReferral 1000 9 Library of Congress S001214 Rep. Steube, W. Gregory [R-FL-17] W. Steube R FL Gregory 17 N Taxation Taxation 2023-02-16T17:45:36Z 00 2023-01-26 Introduced in House 2023-02-17T16:59:50Z 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.

]]> PRO Sports Act Display Title 45 PRO Sports Act 2024-07-24T15:23:58Z Short Title(s) as Introduced 101 PRO Sports Act 2024-05-24T13:42:47Z Introduced in House IH Short Title(s) as Introduced 101 Properly Reducing Overexemptions for Sports Act 2024-05-24T13:42:47Z Introduced in House IH Official Title as Introduced 6 To amend the Internal Revenue Code of 1986 to exclude major professional sports leagues from qualifying as tax-exempt organizations. 2024-03-18T20:14:45Z Introduced in House IH Introduced in House 2023-01-26T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr578ih/xml/BILLS-118hr578ih.xml 2023-01-26 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.