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S 2650 114th Congress Senate Taxation Athletes Disability and paralysis Income tax exclusion Olympic games

United States Appreciation for Olympians and Paralympians Act

Introduced: March 8, 2016 Introduced by: Thune, John Republican · South Dakota See on congress.gov
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 2016
Ordered held at desk.
Jul 12, 2016
Passed Senate without amendment by Unanimous Consent. (text: CR S5011)
Jul 12, 2016
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(text: CR S5011)
Jul 12, 2016
Senate Committee on Finance discharged by Unanimous Consent. (consideration: CR S5010-5011)
Jul 12, 2016
Senate Committee on Finance discharged by Unanimous Consent.(consideration: CR S5010-5011)
Mar 8, 2016
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1346)
Mar 8, 2016
Introduced in Senate
 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

United States Appreciation for Olympians and Paralympians Act

(Sec. 2) This bill 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.

What's happening now July 12, 2016

Ordered held at desk.

 Committees of jurisdiction 1