[Congressional Bills 117th Congress] [From the U.S. Government Publishing Office] [S. 4969 Introduced in Senate (IS)] <DOC> 117th CONGRESS 2d Session S. 4969 To amend the Internal Revenue Code of 1986 to disallow a deduction for charitable contributions for certain purposes relating to college athletics. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES September 28, 2022 Mr. Thune (for himself and Mr. Cardin) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to disallow a deduction for charitable contributions for certain purposes relating to college athletics. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Athlete Opportunity and Taxpayer Integrity Act''. SEC. 2. DISALLOWANCE OF DEDUCTION FOR CONTRIBUTIONS FOR CERTAIN PURPOSES RELATING TO COLLEGE ATHLETICS. (a) In General.--Section 170 of the Internal Revenue Code of 1986 is amended by redesignating subsections (p) and (q) as subsections (q) and (r), respectively, and by inserting after subsection (o) the following new subsection: ``(p) Contributions for Certain Purposes Relating to College Athletics.-- ``(1) In general.--No deduction shall be allowed for any contribution any portion of which is used by the donee to compensate 1 or more secondary or post-secondary school athletes for the use of their name, image, or likeness by reason of their status as athletes. ``(2) Exception.--Paragraph (1) shall not apply to any contribution made directly to an organization which is an eligible educational institution (as defined in section 25A(f)(2)).''. (b) Conforming Amendment.--Section 63(b)(4) of the Internal Revenue Code of 1986 is amended by striking ``170(p)'' and inserting ``170(q)''. (c) Effective Date.--The amendments made by this section shall apply to contributions made in taxable years beginning after the date of the enactment of this Act. <all>