S. 2519 · 118th Congress · Senate

Sports League Tax-Exempt Status Limitation Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Jul 26, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

2
  1. JUL 26, 2023IntroReferral

    Introduced in Senate

  2. JUL 26, 2023IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Jul 26, 2023

Active