And the elimination of the 80% deduction for seat licenses at college sporting events. The latest proposal would cause less of a hit, but could still impact state spending. The final bill also.

The GOP’s Tax Reform Bill Takes Aim at College Sports Fans The Republican tax plan calls for eliminating a provision enabling fans to write off donations for season tickets to college sporting events.

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New tax bill will impact the sports world starting with millions in costs for colleges. The tax bill that has passed the House and Senate will have wide-ranging impact on the college sports world.

GOP bill slashes tax break for NFL, other pro sports stadiums.. "It is clear from the outset that the Republican bill to cut taxes for the wealthy and increase deficits by as much as $1.5.

Pro athletes hit by GOP’s tax bill 1:49 PM ET Mon, 18 Dec 2017 CNBC’s Eric Chemi reports that professional athletes could see a financial hit if Congress passes the GOP tax overhaul bill.

Season tickets might lack the tax deduction that is generally attached to them. The new Republican tax bill has taken aim at a major perk for season ticket holders in basketball and football. In the bill introduced Thursday, the donation that is made to obtain the tickets will lose its tax deductibility.

Democrats and Republicans alike said they’d been caught off guard, with Assembly Minority Leader Marie Waldron opposing the bill in a speech she said she. “[larry] karsh owns California Pro Sports.

A bill aimed at legalizing sports betting in. series of bills passed by the GOP-led legislature that put new restrictions or conditions on a woman’s ability to get an abortion. "Kentucky is a.

Tax bill eliminates deduction for college sports boosters. to be approved by Republican majorities in both the Senate and House. included the new tax, which would hit college athletic.

A tax reform bill that will likely soon be signed into law will have a huge effect on the world of college sports and the fans who donate to them. The proposed changes to the tax code include the elimination of a tax break that benefits major athletic programs. Currently, donations made to certain.

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