The International Olympic Committee would be stripped of its federal tax-exempt status under legislation that could be proposed as early as next week, four people with direct knowledge of the plan told USA TODAY Sports.
The proposed legislation has bipartisan support and is in response to the IOC’s refusal to challenge China on human rights abuses, one of the people said. All four people spoke on condition of anonymity because the legislation has not been unveiled yet.
The United States has already announced a diplomatic boycott of next month’s Winter Olympics, which begin Feb.