To: Rep. Pramila Jayapal (WA-7)
A Petition to Congress to support an amendment to Public Bill 89-800
We, the undersigned, encourage Congressional support of the following amendment to Public Bill 89-800:
An Amendment
PRESENTED BY JAMES F. THOMAS IV
TO AMEND PUBLIC BILL 89-800 TO ELIMINATE THE PREFERENCE GIVEN, IN AWARDING CERTAIN TAX EXEMPTIONS, TO CERTAIN ORGANIZATIONS (THOSE DEFINED AS PROFESSIONAL SPORTS ORGANIZATIONS).
SECTION I: This proposed amendment may be cited as “The Fair Tax Amendment”
SECTION II: ELIMINATING PREFERENCE TO CERTAIN COMPANIES DEFINED AS PROFESSIONAL SPORTS ORGANIZATIONS.
PUBLIC BILL 89-800 is amended—
1) by striking out Section 6 of PUBLIC BILL 89-800 all references, mentions, descriptions, and inferences theretofore, of any professional sports organizations as defined in 28 USCS § 3701(3), including but not limited to professional football leagues, in toto.
An Amendment
PRESENTED BY JAMES F. THOMAS IV
TO AMEND PUBLIC BILL 89-800 TO ELIMINATE THE PREFERENCE GIVEN, IN AWARDING CERTAIN TAX EXEMPTIONS, TO CERTAIN ORGANIZATIONS (THOSE DEFINED AS PROFESSIONAL SPORTS ORGANIZATIONS).
SECTION I: This proposed amendment may be cited as “The Fair Tax Amendment”
SECTION II: ELIMINATING PREFERENCE TO CERTAIN COMPANIES DEFINED AS PROFESSIONAL SPORTS ORGANIZATIONS.
PUBLIC BILL 89-800 is amended—
1) by striking out Section 6 of PUBLIC BILL 89-800 all references, mentions, descriptions, and inferences theretofore, of any professional sports organizations as defined in 28 USCS § 3701(3), including but not limited to professional football leagues, in toto.
Why is this important?
Professional sports organizations, as defined in 28 USCS § 3701(3), have enjoyed certain privileges, immunities, and tax exemptions normally accorded to traditional 501(c) 3’s. Understandably, such privileges were awarded in 1966, in the context of the NFL's merger with the defunct AFL, in order to promote a) growth in the league, and b) to disallow the NFL from shrinking the number of competing teams and organizations under its corporate umbrella. Certain types of organizations inferred to in the tax exemption have outlived the tax exemption's purpose: to ensure growth and stability. In light of the NFL's $50 million executive payroll, the players' salaries, the billion dollar contracts awarded to various media - all of which have been virtually tax free and paid to the NFL - we, the United States Congress' constituency, in promoting fairness and integrity, are demanding that Congress act with all due expedience in accordance to the NFL's - and all professional sports organizations' - current financial portfolios.