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United States · Bill · S

S. 1595 (97th)

United States Olympic Development Fund Checkoff Act of 1981

openUnited States· United States Congress· EN

Introduced

3 August 1981

Last action

30 October 1981 · Committee

Status

Subcommittee on Taxation and Debt Management. Hearings held.

Sponsors

Sen. Inouye, Daniel K. [D-HI], Sen. Stevens, Ted [R-AK], Sen. Baucus, Max [D-MT], Sen. Weicker, Lowell P., Jr. [R-CT], Sen. Williams, Harrison A., Jr. [D-NJ], Sen. Cannon, Howard W. [D-NV], Sen. Cochran, Thad [R-MS], Sen. Lugar, Richard G. [R-IN], Sen. Melcher, John [D-MT], Sen. Laxalt, Paul D. [R-NV], Sen. Kasten, Robert W., Jr. [R-WI], Sen. Tsongas, Paul E. [D-MA], Sen. Dodd, Christopher J. [D-CT], Sen. Leahy, Patrick J. [D-VT], Sen. Murkowski, Frank H. [R-AK], Sen. Hollings, Ernest F. [D-SC], Sen. Eagleton, Thomas F. [D-MO]

Subjects

Discovery layer

Source updated

29 August 2025

Official sourceView documentsShare

Summary

United States Olympic Development Fund Checkoff Act of 1981 - Permits taxpayers to designate on their income tax returns an election to contribute one dollar of their income tax refunds or one dollar forwarded with returns to support the fund established by this Act. Establishes in the Treasury of the United States a United States Olympic Development Fund. Appropriates to the Fund an amount equivalent to the amount designated on tax returns to be available to the Fund. Directs the Secretary of the Treasury to pay amounts so transferred to the U.S. Olympic Committee for use in a program of expansion and improvement of amateur athletics. Sets forth reporting requirements with respect to the expenditure of such funds by the Committee.

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

Timeline

  1. 3 August 1981

    Introduced

    Read second time and referred to Senate Committee on Finance.

    Source: IntroReferral

  2. 3 August 1981

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 5 August 1981

    Committee

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

    Source: Committee

  4. 30 October 1981

    Committee

    Subcommittee on Taxation and Debt Management took the following actions.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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