OlympicTalk · Oct 4, 2018
Senator suggests possible end of USOC’s tax-exempt status
A senator floated the idea of revoking the U.S. Olympic Committee’s tax-exempt status if it fails to effectively combat the sex-abuse problem in Olympic sports.
At a hearing Wednesday, Sen. Richard Blumenthal, D-Connecticut, said the USOC’s tax-exempt status and antitrust exemption could be at risk when Congress revisits the law that governs the federation.
Blumenthal also suggested the position of athlete advocate and inspector general be added to the USOC. The federation has an athletes’ ombudsman position and recently revealed plans to give athletes more-accessible avenues to report abuse and other wrongdoing.