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H.R. 7731 · Where this bill is now

In committee

Introduced in the House, sent to the Committee on Ways and Means, Feb 26, 2026

119th Congress
2nd SessionH. R. 7731

A BILL

To amend the Internal Revenue Code of 1986 to remove the income limitation on the exclusion from gross income of any medal or prize money won in competition in the Olympic Games or Paralympic Games.

In the HouseNo vote yet

Sponsor: Rep. Michelle Fischbach (R-MN-7) · Introduced Feb 26, 2026 · Taxation · 1 version of the text

Read the full billOfficial record on Congress.gov ↗

Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Feb 26, 2026: “Referred to the House Committee on Ways and Means.”

Sections

Sections · 1
H.R. 7731: To amend the Internal Revenue Code of 1986 to remove the income limitation on the exclusion from gross income of any medal or prize money won in competition in the Olympic Games or Paralympic Games. — Bill Status, Votes and Text · Public Law Tracker