S. 2026 · 113th Congress
A bill to amend the Internal Revenue Code of 1986 to exclude from gross income any prizes or awards won in competition in the Olympic Games or the Paralympic Games.
- Stage
- In committee
- Sponsor
- John Thune
- Introduced
- 2014-02-12
- Latest action
- 2014-02-12 · Introduced in Senate
Summary
Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, the value of any medal or prize money received on account of competition in the Olympic Games or Paralympic Games.