TEAM Act
Latest action · Feb 4, 2014 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 4, 2014
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Tax Exemptions for American Medalists Act of 2014 or the TEAM Act - 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.
Cosponsors 14
Members who signed on, in the order they did. Signatures ran from Feb 4, 2014 to Jul 28, 2014; 2 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TX | Pete Sessions | Original | Feb 4, 2014 |
| R-NC | Walter B. Jones | Original | Feb 4, 2014 |
| R-CA | Doug LaMalfa | Feb 10, 2014 | |
| R-KS | Kevin Yoder | Feb 10, 2014 | |
| R-IN | Luke Messer | Feb 10, 2014 | |
| R-FL | Mario Diaz-Balart | Feb 10, 2014 | |
| D-TX | Sheila Jackson Lee | Feb 10, 2014 | |
| R-TX | Ted Poe | Feb 10, 2014 | |
| R-LA | Bill Cassidy | Feb 18, 2014 | |
| D-IA | David Loebsack | Feb 21, 2014 | |
| R-NC | George Holding | Feb 21, 2014 | |
| R-OK | Tom Cole | Feb 21, 2014 | |
| D-TX | Filemon Vela | Feb 28, 2014 | |
| D-NH | Carol Shea-Porter | Jul 28, 2014 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Feb 4, 2014 |
Actions 2
Everything that happened, newest first.
- Feb 4, 2014Introduced in House
- Feb 4, 2014Referred to the House Committee on Ways and Means.
In the Congressional Record 2
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H1729 | Luke Messer R-IN | Feb 11, 2014 |
| House | Debate and remarks H1700 | Ted Poe R-TX | Feb 10, 2014 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the page H1592.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2026 | A bill to amend the Internal Revenue Code of 1986 to exclude from gross income any prizes or awards won in competition in the Olympic Games or the Paralympic Games. | Related bill | Feb 12, 2014 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to exclude from gross income any prizes or awards won in competition in the Olympic Games.
- Short Titles as Introduced
- TEAM Act
- Tax Exemptions for American Medalists Act of 2014
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Feb 4, 2014Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
