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S. 2026

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.

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.

Read twice and referred to the Committee on Finance.

Sen. Thune, John [R-SD](R-SD)Sponsor
9 cosponsors2 D7 R
9cosponsors1committees2actions1related bills4subjects
  • Introduced in SenateFeb 12, 2014
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

  2. IntroReferral10000

    Introduced in Senate

A bill to amend the Internal Revenue Code of 1986 to exclude from gross income any prizes … — Informed