Olvis died at his home in Malibu on May 6, said The Hollywood Reporter.
The composer created the theme for Gabriel's Fire, the short-lived 1990-91 ABC series that starred James Earl Jones. He also contributed music to 116 episodes of the Jane Seymour starrer Dr Quinn, which aired for six seasons from 1993-98.
He began his professional career in 1988 composing the score for the ABC telefilm 'Evil in Clear River'.
Olvis, whose father, William Edward Olvis, was an actor and renowned opera singer, also served as a composer on the films 'Kill Me Again', '29th Street', 'Red Rock West', 'Separate Lives' and 'Steal Big Steal Little'.
He is survived by his brother Steve, sisters Yvette and Natasha and ex-wife Cathleen Young, who was his music agent and partner.