Bills · 2017-2018 Regular Session
Relating to: exempting from taxation the value of Olympic medals and certain payments received by Olympic athletes. (FE)
Income tax — Deduction Olympic games
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill exempts from taxation the value of an Olympic medal won by an
individual. The bill also exempts from taxation any payment received by such an
individual from the U.S. Olympic Committee to the extent that the payment is made
because the individual won an Olympic medal. The bill first applies, retroactively,
to taxable years beginning after December 31, 2015.
Because this bill relates to an exemption from state or local taxes, it may be
referred to the Joint Survey Committee on Tax Exemptions for a report to be printed
as an appendix to the bill.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Votes
Assembly: Report Assembly Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 12, Noes 0
Passed 12–0 Aug 28, 2017 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Assembly: Report passage as amended recommended by Committee on Ways and Means, Ayes 12, Noes 0
Passed 12–0 Aug 28, 2017 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Full history
- May 1, 2017 · Assembly
Introduced by Representatives Sanfelippo, Vos, Bowen, Brandtjen, E. Brooks, Duchow, Hintz, Horlacher, Katsma, Kolste, Kulp, Mursau, Ripp, Rohrkaste, Skowronski, Steffen, Tauchen, Thiesfeldt, Tittl and Tusler; cosponsored by Senators Wanggaard, Cowles, Erpenbach, Feyen and Olsen
- May 1, 2017 · Assembly
Read first time and referred to Committee on Ways and Means
- May 11, 2017 · Assembly
Fiscal estimate received
- Jun 15, 2017 · Assembly
Representative Ohnstad added as a coauthor
- Jun 15, 2017 · Assembly
Public hearing held
- Jun 22, 2017 · Assembly
Assembly Amendment 1 offered by Representative Sanfelippo
- Jun 29, 2017 · Assembly
Executive action taken
- Aug 28, 2017 · Assembly
Report Assembly Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 12, Noes 0
- Aug 28, 2017 · Assembly
Report passage as amended recommended by Committee on Ways and Means, Ayes 12, Noes 0
- Aug 28, 2017 · Assembly
Referred to committee on Rules
- Mar 28, 2018 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1