H.R.6433: IOC Act

About This Bill

  • Introduced Jan. 19, 2022
  • Latest Major Action Jan. 19, 2022

Bill Version

Bill Summary

Irresponsible Olympic Collaboration Act or the IOC Act This bill eliminates the tax exemption for any organization or entity whose primary purpose is the promotion of international, multi-sport, athletic competitions, and that has gross receipts in in excess of $100 million for any of the 3 preceding taxable years (e.g., the International Olympic Committee).

(Source: Library of Congress)

Bill Actions

Date Description
Jan. 19, 2022
Referred to the House Committee on Ways and Means.
Jan. 19, 2022

Introduced in the House by Michael Waltz (R-Fla.)

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