HR 2628
114th Congress
House
Taxation
Athletes
Income tax exclusion
Olympic games
TEAM Act
Introduced: June 3, 2015
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 3, 2015
Referred to the House Committee on Ways and Means.
Jun 3, 2015
Introduced in House
Plain-English summary
Tax Exemptions for American Medalists Act of 2015 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