- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on FinanceIntroducedSeptember 18th, 2013
- senate Committees
Professional sports leagues rake in extraordinary amounts of money. Tax-exempt status essentially allows these organizations to be subsidized by taxpayers.
Professional sports leagues are the substance of the American pastime. Taking tax-breaks away from them could raise costs that will be passed on to fans.