To prohibit vulture investors from investing in youth sports, and for other purposes.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8788 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8788 To prohibit vulture investors from investing in youth sports, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 13, 2026 Mr. Deluzio (for himself, Ms. Jayapal, Ms. Craig, and Mr. Ryan) introduced the following bill; which was referred to the Committee on the Judiciary, and in addition to the Committees on Energy and Commerce, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To prohibit vulture investors from investing in youth sports, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Let Kids Play Act''. SEC. 2. DEFINITIONS. In this Act: (1) Acquired entity.--The term ``acquired entity'' means any company or organization in which a covered firm, directly or indirectly, holds an ownership interest, maintains a management or operational control agreement, or exercises control. (2) Affiliate.--The term ``affiliate'' means an entity that controls, is controlled by, or is under common control with another entity. (3) Assistant attorney general.--The term ``Assistant Attorney General'' means the Assistant Attorney General for the Antitrust Division of the United States Department of Justice. (4) Capital distribution.--The term ``capital distribution'' means-- (A) a cash or share dividend; (B) a share repurchase; (C) a share redemption; or (D) a share buyback. (5) Commission.--The term ``Commission'' means the Federal Trade Commission. (6) Company.--The term ``company'' ha