119 HR 1440 IH: Discriminatory Gaming Tax Repeal Act of 2025 U.S. House of Representatives 2025-02-18 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.

I119th CONGRESS1st SessionH. R. 1440IN THE HOUSE OF REPRESENTATIVESFebruary 18, 2025Ms. Titus (for herself, Mr. Reschenthaler, Mr. Kelly of Pennsylvania, Mr. Horsford, and Mr. Amodei of Nevada) introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to repeal the excise taxes on wagering.

1.

Short title

This Act may be cited as the Discriminatory Gaming Tax Repeal Act of 2025.

2.

Repeal of excise taxes on wagering

(a)

In general

Chapter 35 of the Internal Revenue Code of 1986 (relating to taxes on wagering) is repealed. (b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2024.