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HR 6250 112th Congress House Taxation Athletes Income tax exclusion Olympic games

To amend the Internal Revenue Code of 1986 to exclude from gross income any prizes or awards won in competition in the Olympic Games.

Introduced: August 1, 2012 See on congress.gov
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 1, 2012
Referred to the House Committee on Ways and Means.
Aug 1, 2012
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, the value of any medal awarded in, or any prize money received from the U.S. Olympic Committee on account of, competition in the Olympic Games.

What's happening now August 1, 2012

Referred to the House Committee on Ways and Means.

 Related & companion bills 5
  • HR 6267 Related bill To amend the Internal Revenue Code of 1986 to eliminate the tax on Olympic medals won by United States athletes.
  • HR 6287 Related bill Tax Exemption for American Medalists Act
  • HR 6359 Related bill To amend the Internal Revenue Code of 1986 to exclude from gross income any prizes or awards won in competition in the …
  • S 3471 Related bill A bill to amend the Internal Revenue Code of 1986 to eliminate the tax on Olympic medals won by United States athletes.
  • HR 6252 Identical bill To amend the Internal Revenue Code of 1986 to exclude from gross income any prizes or awards won in competition in the …
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Republican 1
AKIN, W.
· Sep 10, 2012
HALL, RALPH
· Aug 2, 2012
 R
Huizenga, Bill
Michigan · Aug 2, 2012
LATHAM, TOM
· Aug 2, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6250: To amend the Internal Revenue Code of 1986 to exclude from gross income any prizes or awards won in competition in the Olympic Games.. 112th Congress. Open America. https://openamerica.io/bill/112-HR-6250/
MLA
"H.R. 6250: To amend the Internal Revenue Code of 1986 to exclude from gross income any prizes or awards won in competition in the Olympic Games.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-6250/.
Bluebook (legal)
H.R. 6250, 112th Cong. (2026), https://openamerica.io/bill/112-HR-6250/.
Markdown link
[H.R. 6250: To amend the Internal Revenue Code of 1986 to exclude from gross income any prizes or awards won in competition in the Olympic Games.](https://openamerica.io/bill/112-HR-6250/)
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