United States Olympic Fund Act - Establishes on the books of the Treasury a fund to be known as the "United States Olympic Fund". Allows an individual taxpayer to designate that $1 of any overpayment of his tax, or $1 of any contribution which he makes with his return be available to such fund.
Authorizes to be appropriated to the fund an amount equal to twice the amounts designated by taxpayers pursuant to this Act. Provides that amounts in the fund shall be available as stated in appropriation Acts, to the United States Olympic Committee, for specified purposes.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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