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U.S. Lawmakers Propose Bill to Strip IOC of Its Tax-Exempt Status

House lawmakers introduced a bipartisan bill that would strip the International Olympics Committee of its tax exemption status. 

The legislation comes as multiple human rights organizations and prominent lawmakers push the IOC on China’s hosting of the Winter Olympics, set to be held next month. The U.S. recently announced a diplomatic boycott of the Beijing Games over concerns about human rights abuses.