H.R.6467 - Professional Sports Stabilization Act of 198297th Congress (1981-1982)
|Sponsor:||Rep. Stark, Fortney Pete [D-CA-9] (Introduced 05/21/1982)|
|Committees:||House - Judiciary|
|Latest Action:||09/30/1982 Subcommittee Hearings Held. (All Actions)|
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Summary: H.R.6467 — 97th Congress (1981-1982)All Information (Except Text)
Introduced in House (05/21/1982)
Professional Sports Stabilization Act of 1982 - Declares that it shall not be unlawful under any antitrust law for a professional sports league and its member clubs to enforce rules: (1) requiring approval by the league membership for the relocation of a member club; or (2) providing for the division of league or member club revenues that promote comparable economic opportunities for member clubs. Prohibits State and local governments from imposing limitations on the collective conduct of sports leagues or member teams authorized by this Act.
Specifies the applicability of this Act to actions commenced under the antitrust laws before its enactment.