118th Congress · HOUSE BILLBILL

H.R. 1661 — Discriminatory Gaming Tax Repeal Act of 2023

“To amend the Internal Revenue Code of 1986 to repeal the excise taxes on wagering.”

Taxation

Introduced Mar 17, 2023

Last action Mar 17, 2023

Pipeline · Bill → Law

Step 1

Introduced

Mar 17, 2023

Step 2

Referred

Mar 17, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill repeals the excise tax on wagering. The term wager includes bets on a sporting event or contest that is conducted for profit and a lottery conducted for profit.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Mar 17, 2023

Introduced in House

Mar 17, 2023

Referred to the House Committee on Ways and Means.