H.R. 6774 · 118th Congress

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

Stage
In committee
Introduced
2023-12-13
Latest action
2023-12-13 · Introduced in House

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.