,,ii  #aaith ,,congress  #b;d ,session  
,s4 #effa  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,september #cj1
 #bjbf,mr4 ,warnock 7for himself and    
,mrs4 ,britt7 introduced the following  
bill2 which was read twice and referred 
to the ,committee on ,finance  ,a ,,bill
  ,to amend the ,internal ,revenue ,code
 of #aihf to provide parity in the      
taxation of professional sports         
franchises under the limitation on the  
deduction for certain employee          
remuneration1 and for other purposes4   
#a4 ,establishing parity in taxation of 
professional sports franchises  7a7 ,in 
general ,section #afb7m77#c77;,c7 of the
 ,internal ,revenue ,code of #aihf is   
amended to read as follows3  7,c7 such  
employee is among the #e highest        
compensated employees for the taxable   
year other than-- 7i7 any individual    
described in subparagraph 7,a7 or 7,b71 
or  7ii7 any individual who performs    
services in the field of athletics      
7within the meaning of section          

#a4aii;,a-#e7;b77#b77viii7 of title #bf1
 ,code of ,federal ,regulations 7as in  
effect on the date of the enactment of  
this subparagraph77 for the taxpayer1 or
  4  7b7 ,technical amendment ,section  
#afb7m77#c77;,d7 of such ,code is       
amended by inserting such employee      
before was a covered employee4  7c7     
,effective date ,the amendments made by 
this section shall apply to taxable     
years beginning after ,december #ca1    
#bjbf4