3.0.0 3491 2023-01-11T13:23:50Z 2023-01-11T13:23:50Z House H HR 2013-11-14 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. McDERMOTT:H.R. 3491.Congress has the power to enact this legislation pursuantto the following:The principle constitutional authority for this legislationis clause 1 of section 8 of article I of the Constitution ofthe United States, which states: ``The Congress shall havepower to lay and collect taxes . . . .''[Page H7110]]]> hsed00 Education and the Workforce Committee House Standing Referred to 2013-11-14T15:02:35Z hswm00 Ways and Means Committee House Standing Referred to 2013-11-14T15:02:30Z 2013-11-14 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2013-11-14 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-11-14 Sponsor introductory remarks on measure. (CR E1669) IntroReferral B00100 9 Library of Congress 2013-11-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-11-14 Introduced in House IntroReferral 1000 9 Library of Congress M000404 Rep. McDermott, Jim [D-WA-7] JIM MCDERMOTT D WA 7 N Taxation Adoption and foster care Business records Employment and training programs Federal-Indian relations Foreign and international corporations Gambling Government information and archives Government trust funds Historical and cultural resources Humanities programs funding Income tax credits Internet and video services Internet, web applications, social media Licensing and registrations Sales and excise taxes State and local finance Student aid and college costs Tax administration and collection, taxpayers Taxation of foreign income User charges and fees Taxation 00 2013-11-14 Introduced in House 2013-12-23T20:48:57Z Internet Gambling Regulation and Tax Enforcement Act of 2013 - Amends the Internal Revenue Code, with respect to the taxation of Internet gambling transactions, to:

  • impose a tax on Internet gambling licensees equal to 4% of all funds deposited by their customers while located within the United States into accounts maintained by such licensees;
  • impose an additional 50% tax on unauthorized bets or wagers;
  • require Internet gambling licensees to keep daily records of gambling deposits and file informational returns identifying themselves and the individuals placing bets or wagers with them;
  • require Internet gambling licensees to pay state and Indian tribal governments an amount equal to the monthly pro rata state and Indian tribal government online gambling tax;
  • impose a tax on each Internet gambling licensee equal to 12% of all funds deposited by customers making deposits while located outside the United States into an account maintained by such licensee;
  • require withholding of tax on net Internet gambling winnings and on the gross amount of winnings of nonresident aliens;
  • extend the excise tax on wagers to include wagers placed within any commonwealth, territory, or possession of the United States by a U.S. citizen or resident; and
  • make income earned by nonresident alien individuals and foreign corporations that are licensees of, or operating, an Internet gambling facility subject to U.S. taxation.

Directs the Secretary of the Treasury to make grants to states to carry out an American Heritage Program through state arts agencies. Allocates .5% of the tax revenues received after December 31, 2012, that are attributable to Internet gambling to the American Heritage Block Grant Fund to finance the American Heritage Program.

Amends the Social Security Act to establish the Transitional Assistance Trust Fund to finance state plans for transitional education and job training assistance to individuals who are, or were formerly, in foster care. Allocates 25% of the tax revenues received after December 31, 2012, that are attributable to Internet gambling to the Trust Fund.


]]> Internet Gambling Regulation and Tax Enforcement Act of 2013 Display Title Internet Gambling Regulation and Tax Enforcement Act of 2013 Official Title as Introduced To amend the Internal Revenue Code of 1986 to regulate and tax Internet gambling, and for other purposes. Introduced in House IH Short Titles as Introduced Internet Gambling Regulation and Tax Enforcement Act of 2013 Introduced in House 2013-11-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr3491ih/xml/BILLS-113hr3491ih.xml 2013-11-14 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.