A bill to amend the Internal Revenue Code of 1986 to eliminate the specific exemption for professional football leagues and to provide a special rule for other professional sports leagues, and to provide an additional authorization of appropriations for the Family Violence Prevention and Services Act.
Securing Assistance for Victims' Empowerment (SAVE) Act - Amends the Internal Revenue Code to: (1) eliminate the tax exemption for professional football leagues, and (2) deny a tax exemption for certain professional sports leagues which have annual gross receipts exceeding $10 million.
Amends the Family Violence Prevention and Services Act to provide for an increased authorization of appropriations in FY2015 for the family violence prevention and services grant program.
Referred to the House Committee on Ways and Means.
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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