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Illinois Bill Would Exempt Olympians From Paying State Tax

NBC

It is an example of a measure that might not affect many people.

An Illinois lawmaker says Olympic athletes who win medals shouldn't have to pay state tax on their awards.

State Sen. Julie Morrison is sponsor of legislation approved by a Senate committee Wednesday that would waive the tax.

Morrison is a Democrat from the Chicago suburb of Deerfield who says she represents many of Illinois' Olympic athletes. She says Olympic athletes proudly represent Illinois and the U.S. and ``we should honor them for their commitment.''

Morrison says exempting Illinois' taxes on the prizes is ``one small way to show our appreciation.''
 
Olympians who win a gold medal also receive $25,000. Silver medalists win $15,000, while bronze medalists earn $10,000.
 
The legislation also applies to Para-Olympians.
 

 

Bill is a former general manager, economy reporter, Harvest correspondent and Statehouse Bureau Chief for NPR Illinois. He has won several awards including the Associated Press Best Investigative Reporter.
The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.
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