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HR 6267 112th Congress House Taxation Athletes Income tax exclusion Olympic games

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

Introduced: August 1, 2012 See on congress.gov
 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
 Plain-English summary Congressional Research Service

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's happening now August 1, 2012

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1