Bill summaries are authored by CRS.

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Passed Senate without amendment (07/12/2016)

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

United States Appreciation for Olympians and Paralympians Act

(Sec. 2) This bill 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.