United States Appreciation for Olympians and Paralympians Act of 2016

Hozzl · 2025-04-07T15:20:52Z

Explore the details of House Bill 5946 United States Appreciation for Olympians and Paralympians Act of 2016 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

4/7/2025, 3:20 PM

Summary of Bill HR 5946

Bill 114 hr 5946, also known as the United States Appreciation for Olympians and Paralympians Act of 2016, was introduced in the US Congress to honor and recognize the achievements of American athletes who compete in the Olympic and Paralympic Games. The bill aimed to provide financial support to these athletes by exempting the value of medals and prize money won at the Games from federal income tax.

The bill also sought to establish a commission to study and make recommendations on ways to further support and recognize Olympic and Paralympic athletes. Additionally, it proposed the creation of a commemorative coin program to raise funds for the US Olympic and Paralympic teams.

Overall, the United States Appreciation for Olympians and Paralympians Act of 2016 aimed to show appreciation for the dedication and hard work of American athletes who represent the country on the international stage.

Current Status of Bill HR 5946

Bill HR 5946 is currently in the status of Bill Introduced since September 7, 2016. Bill HR 5946 was introduced during Congress 114 and was introduced to the House on September 7, 2016. Bill HR 5946's most recent activity was Became Public Law No: 114-239. as of October 7, 2016