Fan Freedom and Community Protection Act of 1996

Summary

Fan Freedom and Community Protection Act of 1995 - Provides that where a professional sports league approves the relocation of a team from a community in which the team has been located for at least ten years: (1) the registered mark that is used to identify the team becomes the property of the league; (2) the league shall reserve the mark for use only by the community from which the team is relocating until the earlier of the mark's expiration or the date on which the community informs the league that a team will not be using the mark; and (3) the mark may not be used by another team in the same league. (Sec. 4) Requires a team owner seeking to relocate the team to provide notice to the local government for the community in which the team's stadium or arena is located, the owner or operator of such stadium or arena, and each team that is a member of the professional sports league not later than 180 days before the commencement of the season in which the team is to play in the new community. (Sec. 5) Directs the league, within a year after the submission of the name of an investor to a league, to grant to the investor a new expansion professional sports team franchise at a fee no greater than 85 percent of the franchise fee charged for the last expansion team franchise granted. Makes such requirement applicable to a league in any case in which: (1) the league approves, on or after January 1, 1993, the relocation of a team from one community to another; (2) not later than three years after such relocation, the community in which the team was previously located submits the name of an investor to be granted a new team franchise in such community; and (3) the investor demonstrates that he is financially able to purchase and support a team by placing the prescribed amount, plus the sale price of the last team sale approved by the league, in an escrow account. Authorizes the league, for ten years after granting an expansion team franchise, to approve a resale of the team but not the team's relocation. Makes this section inapplicable to a team that relocates within 60 miles of the community. (Sec. 6) Permits under the antitrust laws a league to enforce rules or agreements authorizing its membership to decide whether a member team may relocate from one community to another. Requires a league, in determining whether to approve such a relocation, to make specific findings, including regarding fan loyalty, the extent to which the team received public financial support, and whether there is a bona fide investor offering fair market value that will retain the team in the current community. (Sec. 7) Sets forth penalties for failure to comply with this Act. Provides for enforcement by the Federal Trade Commission.

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Documents

4 official files

• Reported to House amended, Part I

  summary · EN · 27 June 1996

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• Introduced in House (text)

  Introduced in House · EN · 7 December 1995

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• Introduced in House (PDF)

  Introduced in House · EN · 7 December 1995

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• Introduced in House

  summary · EN · 7 December 1995

  Open at official source

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