Bill DetailsOfficial information provided by the Congressional Research Service. Learn more or make a suggestion.
The Congressional Research Service
writes summaries for most legislation. These summaries are listed here. Causes will update some legislation with a revised summary, title or other key elements.
Suggest an update to this bill using our form.
PRO Sports Act
To amend the Internal Revenue Code of 1986 to exclude major professional sports leagues from qualifying as tax-exempt organizations.
Properly Reducing Overexemptions for Sports Act or the PRO Sports Act
This bill amends the Internal Revenue Code to remove professional football leagues from the list of tax-exempt organizations.
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 by managing league business affairs, officiating or providing referees, coordinating schedules, managing sponsorships or broadcast sales, operating loan programs for competition facilities, or overseeing player conduct); and (2) has annual gross receipts in excess of $10 million.