No Corporate Tax Exemption for Professional Sports Act

This bill amends the tax code to deny tax-exempt status to professional sports leagues that primarily manage national or international sports competitions. It directly affects leagues (like the NFL or NBA) whose core activities include scheduling, sponsorships, broadcast deals, or overseeing player conduct, rather than general community services. The key provision removes these organizations from the category of tax-exempt nonprofits under Section 501(c)(6) of the Internal Revenue Code. The change applies to taxable years beginning after the bill's enactment date.