IOC Act
Summary
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).
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
President
Introduced Jan 19, 2022
Last action Jan 19, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 19, 2022
Committee
Referred to the House Committee on Ways and Means.
lower
Jan 19, 2022
Introduced
Introduced in House
lower
1 primary · 12 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Michael Waltz
RRepublican
Co
Bill Johnson
RRepublican
Co
Brian K. Fitzpatrick
RRepublican
Co
Chris Jacobs
RRepublican
Co
Eric A. "Rick" Crawford
RRepublican
Co
Guy Reschenthaler
RRepublican
Co
Jennifer Wexton
DDemocratic
Co
John Joyce
RRepublican
Co
Maria Elvira Salazar
RRepublican
Co
Mike Gallagher
RRepublican
Co
Randy K. Weber, Sr.
RRepublican
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