A bill to allow an income tax deduction to individuals who lost certain travel deposits by reasons of the American boycott of the 1980 Summer Olympics.

[AI summary unavailable — showing source text] Allows an individual under the Internal Revenue Code an income tax deduction equal to 50 percent of the travel deposit loss sustained by such taxpayer as a result of the boycott of the 1980 Summer Olympics. Limits the amount of such deduction to $2,500.…