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Ending Tax Exemptions for Major Professional Sports Leagues.

This bill aims to end tax exemptions for large professional sports leagues like the NHL and PGA Tour. This means these organizations will now have to pay taxes, potentially increasing government revenue. For citizens, this implies that tax money from these leagues could be allocated to other public services.
Key points
Professional sports leagues, including NHL and PGA Tour, will lose their tax-exempt status.
The changes apply to leagues with annual gross receipts exceeding $10 million.
These provisions are effective for tax years beginning after December 31, 2022.
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Additional Information
Print number: 118_HR_578
Sponsor: Rep. Steube, W. Gregory [R-FL-17]
Process start date: 2023-01-26
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

PRO Sports Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_578.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-01-26.

What are the main provisions?

Key points include:

  • Professional sports leagues, including NHL and PGA Tour, will lose their tax-exempt status.
  • The changes apply to leagues with annual gross receipts exceeding $10 million.
  • These provisions are effective for tax years beginning after December 31, 2022.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Steube, W. Gregory [R-FL-17].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Taxes Economy