New Jersey Senator Cory Booker introduced a new bill that would strip professional sports organizations, such as the NFL, of their non-profit status.
The Securing Assistance for Victim Empowerment (SAVE) Act was written in response to the recent domestic violence controversy involving Ray Rice. If passed, the bill would raise over $100 million for domestic violence prevention programs by closing the loopholes for professional sports leagues.
According to a statement from Sen. Booker’s office, “Ten professional sports leagues… currently enjoy tax-exempt status under 501(c)(6) of the tax code. While individual sports teams pay taxes, the dues each team pays to support the leagues’ front offices are not taxed. Some leagues have been using this exemption since the 1960s.”
“This legislation will help ensure that victims of domestic violence have the resources they need to break away from abusers and begin rebuilding their lives,” Booker said.
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