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S 2650 114th Congress Senate

United States Appreciation for Olympians and Paralympians Act

Official title: A bill to amend the Internal Revenue Code of 1986 to exclude from gross income any prizes or awards won in competition in the Olympic Games or the Paralympic Games.

Introduced: March 8, 2016 Introduced by: Thune, John Republican · South Dakota See on congress.gov
Taxation AthletesDisability and paralysisIncome tax exclusionOlympic games
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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 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
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 Latest action July 12, 2016

Ordered held at desk.

 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.

 Related & companion bills 2
  • HR 2628 Related bill TEAM Act
  • HR 5946 Identical bill United States Appreciation for Olympians and Paralympians Act of 2016
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 2 Republican 2
R
Moran, Jerry
Kansas · Apr 7, 2016
 R
Sullivan, Dan
Alaska · Mar 10, 2016
 D
Gillibrand, Kirsten E.
New York · Mar 8, 2016
Isakson, Johnny
· Mar 8, 2016
 D
Schumer, Charles E.
New York · Mar 8, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2650: United States Appreciation for Olympians and Paralympians Act. 114th Congress. Open America. https://openamerica.io/bill/114-S-2650/
MLA
"S. 2650: United States Appreciation for Olympians and Paralympians Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-2650/.
Bluebook (legal)
S. 2650, 114th Cong. (2026), https://openamerica.io/bill/114-S-2650/.
Markdown link
[S. 2650: United States Appreciation for Olympians and Paralympians Act](https://openamerica.io/bill/114-S-2650/)
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