H.R.6252: To amend the Internal Revenue Code of 1986 to exclude from gross income any prizes or awards won in competition in the Olympic Games.

About This Bill

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Summary

Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, the value of any medal awarded in, or any prize money received from the U.S. Olympic Committee on account of, competition in the Olympic Games.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Aug. 1, 2012

Introduced in the House by Mary Bono Mack (R-Calif.)

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