In CommitteeFiled Feb 25, 2026
Sponsor: Rep. Ogles, Andrew [R-TN-5] (R)
Latest Action
Referred to the House Committee on Ways and Means.
Feb 25, 2026
Summary
The legislation adds a new chapter to the Internal Revenue Code that taxes all income, including sponsorships, earned by U.S. citizens or permanent residents when they compete in events like the Olympics or World Cup on behalf of a foreign entity deemed a concern. It seeks to stop Americans from financially supporting such foreign entities through sport.
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