A bill to amend the Internal Revenue Code of 1986 to provide a mechanism for taxpayers to designate $1 of any overpayment of income tax, and to contribute other amounts, for the use by the United States Olympic Committee.
United States Olympic Checkoff Act - Amends the Internal Revenue Code to allow taxpayers to designate on their income tax returns contributions (not less than one dollar) to the United States Olympic Trust Fund.
Establishes such Trust Fund.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S898)
Read twice and referred to the Committee on Finance.
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