HR 3987 · 113th Congress · Taxation

TEAM Act

Introduced 2014-02-04· Sponsored by Rep. Farenthold, Blake [R-TX-27]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2014-02-04)

Plain Language Summary

[AI summary unavailable — showing source text] Tax Exemptions for American Medalists Act of 2014 or the TEAM Act - Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, the value of any medal or prize money received on account of competition in the Olympic Games.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (14)

4 Democrats10 Republicans
Rep. Jones, Walter B., Jr. [R-NC-3]NC
Rep. Sessions, Pete [R-TX-32]TX
Rep. Diaz-Balart, Mario [R-FL-25]FL
Rep. Messer, Luke [R-IN-6]IN
Rep. Yoder, Kevin [R-KS-3]KS
Rep. Poe, Ted [R-TX-2]TX
Rep. LaMalfa, Doug [R-CA-1]CA
Rep. Jackson Lee, Sheila [D-TX-18]TX
Rep. Cassidy, Bill [R-LA-6]LA
Rep. Cole, Tom [R-OK-4]OK
Rep. Holding, George [R-NC-13]NC
Rep. Loebsack, David [D-IA-2]IA
Rep. Vela, Filemon [D-TX-34]TX
Rep. Shea-Porter, Carol [D-NH-1]NH