S. 2519 · 118th Congress
Sports League Tax-Exempt Status Limitation Act
- Stage
- In committee
- Sponsor
- Ron Wyden
- Introduced
- 2023-07-26
- Latest action
- 2023-07-26 · Introduced in Senate
Summary
Sports League Tax-Exempt Status Limitation Act
This bill denies a tax exemption for professional sports leagues whose assets have an average annual value in excess of $500 million for any 3-taxable year period beginning after 2020.