hold on there's just too much going on in Congress lmao...
100% tax on income for competing for 'foreign entities of concern'.
Rep. Ogles (R-TN)
In committee, no House vote yet
This bill proposes a 100% tax on all income, including sponsorships, earned by U.S. nationals or green card holders who compete in major global athletic events (like the Olympics or World Cup) on behalf of 'foreign entities of concern.' This term references a military code, identifying specific countries. Introduced by Rep. Ogles (R-TN), the bill is currently in the House Ways and Means Committee, awaiting further review.
Introduced Feb 25, 2026
This bill was introduced in the House of Representatives by Rep. Ogles on February 25, 2026. It has been referred to the House Committee on Ways and Means for consideration. For it to become law, it would need to pass this committee, then the full House, the Senate, and finally be signed by the President.
If passed, U.S. athletes (nationals or green card holders) competing for 'foreign entities of concern' in events like the Olympics would lose 100% of their prize money and related sponsorships. This could significantly discourage American athletes from participating in or associating with these foreign-backed teams or events. The tax would apply to income received after the bill becomes law.
Supporters Say
Supporters might argue this bill aligns athletic participation with national security interests by disincentivizing financial ties to foreign entities of concern.
Critics Say
Critics could claim it unfairly targets individual athletes, limits personal economic freedom, and might be difficult to enforce given the broad definition of 'foreign entity of concern'.
Some may see this as a measure to protect national interests by financially penalizing associations with potentially adversarial foreign governments. Others might view it as an overreach that unfairly restricts the professional choices and earning potential of U.S. athletes. The exact scope of 'foreign entities of concern' could also be a point of contention.