H.R.7707

OLYMPICS Act Officially Limiting Yearly Money Procured by Individuals Concerning Sportmanship Act

Introduced·2/25/26
Introduced

H. R. 7707

Introduced in House · March 20, 2026

February 25, 2026

Mr. Ogles introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to impose a tax on income earned from competing in global athletic events on behalf of foreign entities of concern.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Officially Limiting Yearly Money Procured by Individuals Concerning Sportmanship Act” or as the “OLYMPICS Act”.