118th Congress · HOUSE BILLBILL

H.R. 6774 — To amend the Internal Revenue Code of 1986 to establish special rules relating to which professional sports leagues qualify to be exempt from taxation.

“To amend the Internal Revenue Code of 1986 to establish special rules relating to which professional sports leagues qualify to be exempt from taxation.”

Taxation

Introduced Dec 13, 2023

Last action Dec 13, 2023

Pipeline · Bill → Law

Step 1

Introduced

Dec 13, 2023

Step 2

Referred

Dec 13, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill denies tax-exempt status to certain professional sports leagues with gross receipts exceeding $1 billion during any of the five preceding taxable years.

Provisions · 1 sectionsIntroduced in House

Timeline · 2 actions

Dec 13, 2023

Introduced in House

Dec 13, 2023

Referred to the House Committee on Ways and Means.