S. 3471 (112th): A bill to amend the Internal Revenue Code of 1986 to eliminate the tax on Olympic medals won by United States athletes.

Introduced:
Aug 01, 2012 (112th Congress, 2011–2013)
Sponsor:
Sen. Marco Rubio [R-FL]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

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Status

This bill was introduced on August 1, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Aug 01, 2012
Referred to Committee Aug 01, 2012
Cosponsors
7 cosponsors (7R) (show)
Committees

Senate Finance

The committee chair determines whether a bill will move past the committee stage.

Summary

No summaries available.

Text

Read Bill Text »

Last updated Aug 01, 2012.
2 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

8/1/2012--Introduced.
Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, the value of any prize or award won in athletic competition in the Olympic Games.

House Republican Conference Summary

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