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S. 3471 · 112th Congress

A bill to amend the Internal Revenue Code of 1986 to eliminate the tax on Olympic medals won by United States…

Full title

A bill to amend the Internal Revenue Code of 1986 to eliminate the tax on Olympic medals won by United States athletes.

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

MRR RubioSponsor
7 cosponsors · 7 R

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, the value of any prize or award won in athletic competition in the Olympic Games.

What it does: CRS summary · Introduced in Senate · Aug 1, 2012

Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, the value of any prize or award won in athletic competition in the Olympic Games.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: A bill to amend the Internal Revenue Code of 1986 to eliminate the tax on Olympic medals won by United States athletes.

Latest action (Aug 1, 2012): Read twice and referred to the Committee on Finance.

Policy area: Taxation · Origin: Senate · Introduced: Aug 1, 2012

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.