Pipeline · Bill → Law
Step 1
Introduced
Jan 26, 2023
Step 2
Referred
Jan 26, 2023
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
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.
Timeline · 2 actions
Jan 26, 2023
Introduced in House
Jan 26, 2023
Referred to the House Committee on Ways and Means.