Sports League Tax-Exempt Status Limitation Act

United States118th CongressS-2519Senate
Updated: Jul 26, 2023

Summary

Sports League Tax-Exempt Status Limitation Act This bill denies a tax exemption for professional sports leagues whose assets have an average annual value in excess of $500 million for any 3-taxable year period beginning after 2020.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

  1. Read twice and referred to the Committee on Finance.

    Senate

  2. Introduced in Senate

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