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United States · Bill · HR

H.R. 654 (101st)

United States Olympic Checkoff Act

openUnited States· United States Congress· EN

Introduced

24 January 1989

Last action

Status

Unfavorable Executive Comment Received from Treasury.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

United States Olympic Checkoff Act - Amends the Internal Revenue Code to allow taxpayers to designate on their income tax returns a contribution of one dollar of their income tax refunds and any voluntary cash contributions for use by the U.S. Olympic Committee. Establishes in the Treasury a U.S. Olympic Trust Fund to receive these amounts. Directs the Secretary of the Treasury to transfer amounts to the U.S. Olympic Committee at least quarterly.

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Documents

2 official files

Introduced in House (text)

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Sources

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