United States Olympic Development Fund Act of 1985

openUnited States· United States Congress· EN

Introduced

3 January 1985

Last action

—

Status

Committee on Finance requested executive comment from OMB, Treasury Department.

Summary

United States Olympic Development Fund Act of 1985 - 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 or any cash amount voluntarily forwarded with their returns to support the U.S. Olympic Trust Fund. Establishes in the Treasury a U.S. Olympic Trust Fund. Appropriates to such trust fund amounts equal to the amounts designated on tax returns. Directs the Secretary of the Treasury to pay such amounts to the U.S. Olympic Committee. Allows specified administrative expenses of the Department of the Treasury to be paid from such trust fund.

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Versions

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Documents

1 official file

Introduced in Senate
summary · EN · 3 January 1985
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/99th-congress/senate-bill/154
Open data entity: https://api.congress.gov/v3/bill/99/s/154