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116-hr-7988116th Congress

PRO Sports Act

Sponsored By: Representative Steube, W. Gregory [R-FL-17]

Unknown

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Steube, W. Gregory [R-FL-17]

FL • R

Cosponsors

  • Rep. Gaetz, Matt [R-FL-1]

    FL • R

    Sponsored 8/7/2020

Roll Call Votes

No roll call votes available for this bill.

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