HR 6433 · 117th Congress 2021–2023, ended

IOC Act

Introduced Jan 19, 2022 Originated House Sponsor Michael Waltz R-FL

Fact sheet

Latest action · Jan 19, 2022 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.

IntroducedJan 19, 2022
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

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).

Cosponsors 12

Members who signed on, in the order they did. Signatures ran from Jan 19, 2022 to Mar 16, 2022, with 4 there on the day it was introduced.

Seat	Cosponsor		Signed on
R-PA	Guy Reschenthaler	Original	Jan 19, 2022
D-VA	Jennifer Wexton	Original	Jan 19, 2022
R-PA	John Joyce	Original	Jan 19, 2022
R-FL	Maria Elvira Salazar	Original	Jan 19, 2022
R-NY	Chris Jacobs		Jan 20, 2022
R-PA	Brian K. Fitzpatrick		Jan 28, 2022
R-AR	Eric A. "Rick" Crawford		Jan 28, 2022
R-OH	Troy Balderson		Jan 28, 2022
R-OH	Bill Johnson		Feb 1, 2022
R-WI	Mike Gallagher		Feb 2, 2022
R-TX	Randy K. Weber, Sr.		Feb 15, 2022
R-FL	Scott Franklin		Mar 16, 2022

Actions 2

Everything that happened, newest first.

Jan 19, 2022Introduced in House
Jan 19, 2022Referred to the House Committee on Ways and Means.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

Jan 19, 2022Introduced in House

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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.