3.0.0 6433 2022-12-30T03:49:03Z 2022-12-30T03:49:03Z House HR 2022-01-19 117 [Congressional Record Volume 168, Number 12 (Wednesday, January 19, 2022)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. WALTZ:H.R. 6433.Congress has the power to enact this legislation pursuantto the following:Article l, Section 8, Clause 1[Page H253]]]> hswm00 Ways and Means Committee House Standing Referred to 2022-01-19T15:02:00Z IOC Act 117 3577 S 2022-03-08 Committee on Banking, Housing, and Urban Affairs. Hearings held. Identical bill CRS 2022-01-19 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2022-01-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2022-01-19 Introduced in House IntroReferral 1000 9 Library of Congress W000823 Rep. Waltz, Michael [R-FL-6] Michael Waltz R FL 6 N W000825 Rep. Wexton, Jennifer [D-VA-10] Jennifer Wexton D VA 10 2022-01-19 True J000302 Rep. Joyce, John [R-PA-13] John Joyce R PA 13 2022-01-19 True R000610 Rep. Reschenthaler, Guy [R-PA-14] Guy Reschenthaler R PA 14 2022-01-19 True S000168 Rep. Salazar, Maria Elvira [R-FL-27] Maria Salazar R FL Elvira 27 2022-01-19 True J000020 Rep. Jacobs, Chris [R-NY-27] Chris Jacobs R NY 27 2022-01-20 False F000466 Rep. Fitzpatrick, Brian K. [R-PA-1] Brian Fitzpatrick R PA K. 1 2022-01-28 False C001087 Rep. Crawford, Eric A. "Rick" [R-AR-1] Eric Crawford R AR A. "Rick" 1 2022-01-28 False B001306 Rep. Balderson, Troy [R-OH-12] Troy Balderson R OH 12 2022-01-28 False J000292 Rep. Johnson, Bill [R-OH-6] Bill Johnson R OH 6 2022-02-01 False G000579 Rep. Gallagher, Mike [R-WI-8] Mike Gallagher R WI 8 2022-02-02 False W000814 Rep. Weber, Randy K., Sr. [R-TX-14] Randy Weber R TX K. 14 2022-02-15 False F000472 Rep. Franklin, C. Scott [R-FL-15] C. Franklin R FL Scott 15 2022-03-16 False Taxation International organizations and cooperation Olympic games Tax-exempt organizations Taxation 00 2022-01-19 Introduced in House 2022-01-25T14:48:57Z Irresponsible Olympic Collaboration Act or the IOC Act

This bill eliminates the tax exemption for any organization or entity whose primary purpose is the promotion of international, multi-sport, athletic competitions, and that has gross receipts in in excess of $100 million for any of the 3 preceding taxable years (e.g., the International Olympic Committee).

]]> IOC Act Display Title IOC Act Short Title(s) as Introduced IOC Act Introduced in House IH Short Title(s) as Introduced Irresponsible Olympic Collaboration Act Introduced in House IH Official Title as Introduced To amend the Internal Revenue Code of 1986 to eliminate the tax exemption of the International Olympic Committee and similar organizations. Introduced in House IH Introduced in House 2022-01-19T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr6433ih/xml/BILLS-117hr6433ih.xml 2022-01-19 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.