,i  #aacth ,,congress  #b;d ,session    
,h4 ,r4 #cihg  ,,in ,,the ,,house ,,of  
,,representatives  ,february #d1        
#bjad,mr4 ,farenthold 7for himself1 ,mr4
 ,jones1 and ,mr4 ,sessions7 introduced 
the following bill2 which was referred  
to the ,committee on ,ways and ,means   
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to exclude from 
gross income any prizes or awards won in
 competition in the ,olympic ,games4    
#a4 ,short title ,this ,act may be cited
 as the ,tax ,exemptions for ,american  
,medalists ,act of #bjad or the ,,team  
,act4  #b4 ,olympic medals and ,,usoc   
prize money excluded from gross income  
7a7 ,in general ,section #gd of the     
,internal ,revenue ,code of #aihf is    
amended by adding at the end the        
following new subsection3  7d7          
,exception for ,olympic medals and      
prizes ,gross income shall not include  
the value of any medal awarded in1 or   
any prize money received from the       
,united ,states ,olympic ,committee on  

account of1 competition in the ,olympic 
,games4  4  7b7 ,effective date ,the    
amendment made by this section shall    
apply to prizes and awards received     
after ,december #ca1 #bjac4