S.1524: PRO Sports Act

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Bill Summary

Properly Reducing Overexemptions for Sports Act or the PRO Sports Act - Amends the Internal Revenue Code to remove professional football leagues from the list of tax-exempt organizations. Provides that no organization or entity shall be 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 (including...

(Source: Library of Congress)

Bill Actions

Date Description
Sept. 18, 2013
Read twice and referred to the Committee on Finance.
Sept. 18, 2013

Introduced in the Senate by Tom Coburn (R-Okla.)

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