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 athletes.
- Stage
- In committee
- Sponsor
- Marco Rubio
- Introduced
- 2012-08-01
- Latest action
- 2012-08-01 · Introduced in Senate
Summary
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.