Sponsor
Claudia Tenney
Representative · R-NY
The bill tightens tax treatment and requires Treasury verification to enforce female-designated team policies—reducing certain tax subsidies and clarifying administration—but raises tax costs for franchise owners, imposes new government compliance burdens, and may exclude transgender athletes from participation protections.
Treasury officials and regulated entities: The bill directs the Department of the Treasury to issue verification rules, creating clearer administrative procedures to identify franchise designations and participant eligibility policies.
Taxpayers: The bill prevents amortization of costs for franchises that open female-designated teams to males, reducing tax subsidies available to those franchises.
Transgender individuals (and policies affecting women’s teams): The bill’s definition of “sex” tied to biology at birth could exclude transgender athletes from protections and affect participation policies.
Owners of affected franchises and related small businesses: They will lose the ability to amortize acquisition costs, increasing taxable income and tax liabilities for purchases after enactment.
Treasury and financial institutions: The bill imposes new administrative and verification duties on the Treasury to enforce franchise-designation and participant-sex policies, creating compliance costs and enforcement challenges.
Based on analysis of 2 sections of legislative text.
Denies amortization tax treatment for female-designated professional sports franchises that allow participation by individuals whose sex is male, and requires Treasury verification guidance.
Representative · R-NY
Bars a tax amortization deduction for certain professional sports franchises designated as female-only if they allow participation by persons whose sex is male; defines "sex" as reproductive biology and genetics at birth and directs Treasury to issue verification rules. The rule applies to property acquired after enactment and requires Treasury guidance to identify covered franchises and verification methods.
Official title: To amend the Internal Revenue Code of 1986 to prohibit amortization of any professional women's sports franchise which allows biological males to participate, and for other purposes.
Introduced June 25, 2026 by Claudia Tenney · Last progress June 25, 2026