US SB2026 | 2013-2014 | 113th Congress
Status
Spectrum: Moderate Partisan Bill (Republican 8-2)
Status: Introduced on February 12 2014 - 25% progression, died in committee
Action: 2014-02-12 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 12 2014 - 25% progression, died in committee
Action: 2014-02-12 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
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.
Sponsors
Sen. John Thune [R-SD] | Sen. Mike Crapo [R-ID] | Sen. Kirsten Gillibrand [D-NY] | Sen. Orrin Hatch [R-UT] |
Sen. John Hoeven [R-ND] | Sen. Johnny Isakson [R-GA] | Sen. Mark Kirk [R-IL] | Sen. Marco Rubio [R-FL] |
Sen. Charles Schumer [D-NY] | Sen. Roger Wicker [R-MS] |
History
Date | Chamber | Action |
---|---|---|
2014-02-12 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3987 (Related) 2014-02-04 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/senate-bill/2026/all-info |
Text | https://www.congress.gov/113/bills/s2026/BILLS-113s2026is.pdf |