US HB296 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 7-0)
Status: Introduced on January 5 2017 - 25% progression, died in chamber
Action: 2017-09-26 - ASSUMING FIRST SPONSORSHIP - Mr. Gaetz asked unanimous consent that he may hereafter be considered as first sponsor of H.R. 296, a bill originally introduced by Representative Chaffetz, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 5 2017 - 25% progression, died in chamber
Action: 2017-09-26 - ASSUMING FIRST SPONSORSHIP - Mr. Gaetz asked unanimous consent that he may hereafter be considered as first sponsor of H.R. 296, a bill originally introduced by Representative Chaffetz, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
Text: Latest bill text (Introduced) [PDF]
Summary
PRO Sports Act Properly Reducing Overexemptions for 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.
Title
PRO Sports Act Properly Reducing Overexemptions for Sports Act
Sponsors
| Rep. Jason Chaffetz [R-UT] | Rep. Blake Farenthold [R-TX] | Rep. Mo Brooks [R-AL] | Rep. Ken Buck [R-CO] |
| Rep. Mike Coffman [R-CO] | Rep. Steven Palazzo [R-MS] | Rep. Bill Posey [R-FL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-09-26 | House | ASSUMING FIRST SPONSORSHIP - Mr. Gaetz asked unanimous consent that he may hereafter be considered as first sponsor of H.R. 296, a bill originally introduced by Representative Chaffetz, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection. |
| 2017-01-05 | House | Referred to the House Committee on Ways and Means. |
| 2017-01-05 | House | Introduced in House |
Same As/Similar To
HB3830 (Same As) 2017-09-26 - Referred to the House Committee on Ways and Means.
SB3086 (Related) 2018-06-19 - Read twice and referred to the Committee on Finance.
SB3086 (Related) 2018-06-19 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/296/all-info |
| Text | https://www.congress.gov/115/bills/hr296/BILLS-115hr296ih.pdf |
