Congress·In Committee·H.R. 7707

New Tax on U.S. Athletes Representing Adversary Nations

OLYMPICS Act

Legislative Progress

House

Senate

President

Law

This bill would create a 100% tax on any money earned by U.S. citizens or green card holders who choose to compete for countries labeled as "foreign entities of concern." This list generally includes nations like China, Russia, North Korea, and Iran.
The tax would apply to all income from the competition, including prize money and any sponsorship deals the athlete receives for representing that country. Essentially, the U.S. government would take every dollar the athlete earns from the arrangement.
The rule covers major international sports events like the Summer and Winter Olympics, the World Cup, Wimbledon, and the Tour de France. It also applies to any other competition where athletes represent a specific country.
This plan aims to discourage American athletes from helping rival nations gain international prestige. By removing the financial benefit, it makes it much harder for adversarial countries to recruit talented U.S. residents to play for their national teams.

2 milestones2 actions

Feb 25, 2026House

Referred to the House Committee on Ways and Means.

Feb 25, 2026

Introduced in House

Document Type

Congressional Bill

Official Title

OLYMPICS Act

Bill NumberHR 7707

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Ways and Means.

Congress.gov

Official legislative information

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