A bill to amend the Internal Revenue Code of 1954 to exclude from gross income amounts received as prizes in connection with the New York State Olympic lottery.

referredUnited States· United States Congress· EN

Introduced

17 May 1978

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Makes findings concerning the unavailability in the United States of adequate training facilities for athletes competing in the XII Olympic Winter Games. Amends the Internal Revenue Code to exclude from gross income prizes won in the New York State olympic lottery established pursuant to the New York State Tax Laws to raise revenue for the maintenance of the sports facilities constructed at Lake Placid.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Introduced in House
summary · EN · 17 May 1978
Open at official source

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/95th-congress/house-bill/12770
Open data entity: https://api.congress.gov/v3/bill/95/hr/12770