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.

This bill would change tax rules related to professional sports teams, specifically addressing how much money paid to certain employees can be deducted from taxes. It appears to aim for equal treatment of professional sports franchises under existing limits on deductions for employee pay. No official summary is available for this bill.

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