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S.5661 · 119TH CONGRESS

A bill to amend the Internal Revenue Code of 1986 to provide parity in the taxation of professional sports franchises under the limitation on the deduction for certain employee renumeration, and for other purposes.

Status
In Committee
Latest Action
2026-09-30
Sponsor
Warnock, Raphael G. (D-Georgia)
Official Source
Congress.gov
Investability
0/100
Stage
COMMITTEE
Related Bills
0
Full Text
Unavailable
Alive
Yes

What This Bill Does · Plain English

Summary
Plain-English summary not yet available for this bill. Check back after our next analysis run.

Action Timeline

2026-09-30
Introduced in Senate
2026-09-30
Read twice and referred to the Committee on Finance.

Frequently Asked Questions

Did S.5661 pass?
S.5661 is still alive. Current stage: COMMITTEE. Pass likelihood: pending.
Who sponsored S.5661?
S.5661 was sponsored by Raphael G. Warnock (D-Georgia).

Full Bill Text

⚖️ View on Congress.gov 📄 PDF (GovInfo) 🔗 Copy link
Full text not yet indexed for this bill. Check Congress.gov for the official text.
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Bill text sourced from GovInfo.gov · public domain · last updated 2026-10-12. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]