Legis Daily

PRO Sports Act

USA116th CongressS-1121| Senate 
| Updated: 4/10/2019
Joni Ernst

Joni Ernst

Republican Senator

Iowa

Cosponsors (1)
Angus S. King (Independent)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Apr 10, 2019
Introduced in Senate
Apr 10, 2019
Read twice and referred to the Committee on Finance.
Aug 7, 2020

Latest Companion Bill Action

HR 116-7988
Introduced in House
  • April 10, 2019
    Introduced in Senate


  • April 10, 2019
    Read twice and referred to the Committee on Finance.


  • August 7, 2020

    Latest Companion Bill Action

    HR 116-7988
    Introduced in House

Taxation

Related Bills

  • HR 116-7988: PRO Sports Act
Professional sportsTax-exempt organizations

PRO Sports Act

USA116th CongressS-1121| Senate 
| Updated: 4/10/2019
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 10, 2019
Introduced in Senate
Apr 10, 2019
Read twice and referred to the Committee on Finance.
Aug 7, 2020

Latest Companion Bill Action

HR 116-7988
Introduced in House
  • April 10, 2019
    Introduced in Senate


  • April 10, 2019
    Read twice and referred to the Committee on Finance.


  • August 7, 2020

    Latest Companion Bill Action

    HR 116-7988
    Introduced in House
Joni Ernst

Joni Ernst

Republican Senator

Iowa

Cosponsors (1)
Angus S. King (Independent)

Finance Committee

Taxation

Related Bills

  • HR 116-7988: PRO Sports Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Professional sportsTax-exempt organizations