# 119-hr-10682: To amend the Internal Revenue Code of 1986 to provide parity in the taxation of professional sports franchises under the limitation on the deduction for certain employee remuneration, and for other purposes.

119-hr-10682, To amend the Internal Revenue Code of 1986 to provide parity in the taxation of professional sports franchises under the limitation on the deduction for certain employee remuneration, and for other purposes., is a 119th Congress bill sponsored by Rep. Malliotakis, Nicole [R-NY-11] (R-NY); status introduced; PRIA reads it as touching household money (as of 2026-10-31).

- Canonical: https://policyrisk.com/legislation/119-hr-10682
- As of: 2026-10-31
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-10682
- Congress: 119
- Title: To amend the Internal Revenue Code of 1986 to provide parity in the taxation of professional sports franchises under the limitation on the deduction for certain employee remuneration, and for other purposes.
- Status: introduced
- Introduced: 2026-10-01
- Sponsor: Rep. Malliotakis, Nicole [R-NY-11] (R-NY)
- Cosponsors: 9
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-10-31

## Summary

**Excludes pay for athletes from the Section 162(m) top-five compensation deduction cap.** This bill would change who counts as an employer's five highest compensated employees so that individuals who perform services in athletics are not included when applying the deduction limit. - Professional athletes and athletics staff: Employers could deduct larger amounts of remuneration paid to athletes and other athletics personnel because that pay would not count toward the top-five cap. - Sports franchises and team owners: Teams could claim bigger compensation deductions tied to athletic pay, shifting tax treatment in favor of athletics compensation compared with other high-paid employees. - Other covered executives: The bill preserves existing 162(m) limits for the employee categories already listed in subparagraphs (A) and (B) and makes a technical cross-reference fix to 162(m)(3)(D). - Timing and definition: The change applies to taxable years beginning after December 31, 2026, so it would take effect for tax years starting in 2027. The athletics exclusion relies on the definition in 26 CFR 1.199A-5(b)(2)(viii) as in effect on enactment.

## Cosponsors (9)

- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY), 2026-10-01T00:00:00.000Z
- Rep. Jack, Brian [R-GA-3] (R-GA), 2026-10-01T00:00:00.000Z
- Rep. McBath, Lucy [D-GA-6] (D-GA), 2026-10-01T00:00:00.000Z
- Rep. Fuller, Clay [R-GA-14] (R-GA), 2026-10-05T00:00:00.000Z
- Rep. Garbarino, Andrew R. [R-NY-2] (R-NY), 2026-10-29T00:00:00.000Z
- Rep. Scott, Austin [R-GA-8] (R-GA), 2026-10-15T00:00:00.000Z
- Rep. Williams, Nikema [D-GA-5] (D-GA), 2026-10-29T00:00:00.000Z
- Rep. Carter, Earl L. "Buddy" [R-GA-1] (R-GA), 2026-10-22T00:00:00.000Z
- Rep. Loudermilk, Barry [R-GA-11] (R-GA), 2026-10-26T00:00:00.000Z

## Provisions PRIA read

- More deductible pay for sports teams: benefit, high. If enacted, the bill would let sports teams leave athletics workers out of the five highest-paid employee test. That test determines whether pay is limited under Section 162(m). Pay to athletics workers would not be subject to the top-five deduction cap. The change would apply to tax years starting…

## Related bills

- 119-hr-1628: 761st Tank Battalion Congressional Gold Medal Act
- 119-hconres-12: Supporting the Local Radio Freedom Act.
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025

## Sources
- [119-hr-10682 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/10682)

## Related
- [119-hr-1628: 761st Tank Battalion Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-1628)
- [119-hconres-12: Supporting the Local Radio Freedom Act.](https://policyrisk.com/legislation/119-hconres-12)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act](https://policyrisk.com/legislation/119-hr-4382)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-10682 (as of 2026-10-31).