Baseball Fan Protection Act
Latest action · Jul 15, 2003 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 15, 2003
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Baseball Fan Protection Act - Amends the Internal Revenue Code to revise provisions concerning the basis limitation for player contracts transferred in connection with the sale of a sports franchise to provide that when a sports franchise is sold, unless local television stations are given reasonable opportunity to purchase the right to broadcast the team's games before others are allowed to make bids, there shall be a presumption that the 50 percent allocation of value to player contracts shall be zero. Applies this Act to franchise sales or exchanges after December 31, 1999.
Cosponsors 3
Members who signed on, in the order they did. All signed on Jul 15, 2003.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Charles B. Rangel | Original | Jul 15, 2003 |
| D-GU | Madeleine Z. Bordallo | Original | Jul 15, 2003 |
| D-NY | Maurice D. Hinchey | Original | Jul 15, 2003 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Jul 15, 2003 |
Actions 2
Everything that happened, newest first.
- Jul 15, 2003Introduced in House
- Jul 15, 2003Referred to the House Committee on Ways and Means.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to require a sports franchise to provide for all of the games played by the franchise to be available for local television broadcasting in order to be subject to the presumption that 50 percent of the consideration in the sale or exchange of a sports franchise is allocable to player contracts.
- Short Titles as Introduced
- Baseball Fan Protection Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Athletes
- Capital gains tax
- Commerce
- Government Operations and Politics
- Government paperwork
- Income tax
- Labor and Employment
- Labor contracts
- Law
- Licenses
- Metropolitan areas
- Science, Technology, Communications
- Sports and Recreation
- Taxation
- Television broadcasting of sports
- Television stations
- Urban affairs
- Valuation
Text 1
Each version as it was printed, newest first.
- Jul 15, 2003Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.