Bill

BILL • US HOUSE

HR 7731

To amend the Internal Revenue Code of 1986 to remove the income limitation on the exclusion from gross income of any medal or prize money won in competition in the Olympic Games or Paralympic Games.

119th Congress
Introduced by Michelle Fischbach, Jeff Hurd, Mike Kelly and 3 other co-sponsors

Removes income limits on tax exclusions for Olympic and Paralympic medal prize money, allowing athletes to exclude all competition winnings from federal taxation.

Introduced in House
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