,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #fggd  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,decemb] #ac1         
#bjbc,mr4 ,?ompson ( ,cali=nia 7=       
himself & ,mr4 ,bu*anan7 introduc$ !    
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to e/abli% special rules relat+ to
 :i* pr(essional sports leagues qualify 
to be exempt f taxation4  #a4 ,special  
rules relat+ to pr(essional sports      
leagues  7a7 ,9 g5]al ,section #eja ( ! 
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by add+ at ! end ! foll[+ new           
subsection3  7s7 ,special rules relat+  
to pr(essional sports leagues ,no       
organization %all be treat$ z describ$ 9
 subsection 7c77#f7 = any taxable ye> if
 su* organization or entity-- 7#a7 is a 
pr(essional sports league1 organization1
 or association1 a sub/antial activity (
 :i* is to fo/] national or int]national
 pr(essional sports competitions        
7includ+ by manag+ league bus9ess       

affairs1 (ficiat+ or provid+ ref]ees1   
coord9at+ s*$ules1 manag+ sponsor%ips or
 broadca/ sales1 op]at+ loan programs = 
competition facilities1 or ov]see+ play]
 conduct71 &  7#b7 has annual gross     
receipts 9 excess ( #a1jjj1jjj1jjj dur+ 
any ( ! #e prec$+ taxable ye>s4  4  7b7 
,effective date ,! am5dm5t made by ?is  
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjbb4