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S. 2650 (114th): United States Appreciation for Olympians and Paralympians Act

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About the bill

With 46 golds, 37 silvers, and 38 bronzes, the U.S. won by far the most Olympic medals in Brazil earlier this month. Americans cheered on to victory such home-country gold medal winners as swimmer Michael Phelps, swimmer Katie Ledecky, and gymnast Simone Biles. But now their Olympic medals are about to be taxed, unless a new bill in Congress stops the practice.

American athletes receive awards of $25,000 per gold medal, $15,000 per silver medal, and $10,000 per bronze medal from the U.S. Olympic Committee. The federal tax code taxes that as earned income, potentially up to a $9,000 tax (depending on which income tax bracket the athlete falls under) The United States Appreciation for Olympians and Paralympians Act,S. 2650, would eliminate taxes on medals earned at the …

Sponsor and status

John Thune

Sponsor. Senator for South Dakota. Republican.

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Last Updated: Jul 12, 2016
Length: 4 pages
Mar 8, 2016
114th Congress (2015–2017)
Enacted Via Other Measures

Provisions of this bill were incorporated into other bills which were enacted.


7 Cosponsors (5 Republicans, 2 Democrats)



Mar 8, 2016

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Jul 12, 2016
Passed Senate (House next)

The bill was passed in a vote in the Senate. It goes to the House next. The vote was by Unanimous Consent so no record of individual votes was made.

S. 2650 (114th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number S. 2650. This is the one from the 114th Congress.

This bill was introduced in the 114th Congress, which met from Jan 6, 2015 to Jan 3, 2017. Legislation not passed by the end of a Congress is cleared from the books.

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