HR 3987
113th Congress
House
Taxation
Athletes
Disability and paralysis
Income tax exclusion
Olympic games
TEAM Act
Introduced: February 4, 2014
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 4, 2014
Referred to the House Committee on Ways and Means.
Feb 4, 2014
Introduced in House
Plain-English summary
Tax Exemptions for American Medalists Act of 2014 or the TEAM Act - 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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1