Committee Hearing on Growing Business of Sports: Federal Tax Policy in Multi-Billion Dollar Industry
House Committee on Ways and Means · June 30, 2026
House Ways and Means Committee members heard testimony from former players, tax experts and economists about tax preferences for professional sports and the new tax challenges created by college athletesarning NIL income. Witnesses urged mandatory withholding, greater financial education for athletes and curbs on tax-exempt stadium subsidies.
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