,i #aacth ,,congress #b;d ,session ,h4 ,r4 #echc ,,in ,,the ,,house ,,of ,,representatives ,july #ca1 #bjad ,ms4 ,titus introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to exempt sports betting from the tax on authorized wagers4 #a4 ,sports betting exempt from the excise tax on authorized wagers 7a7 ,in general ,section #ddjb of the ,internal ,revenue ,code of #aihf is amended adding at the end the following new paragraph3 7#d7 ,sports betting authorized under ,state law ,on any wager which is authorized under the law of the ,state in which accepted and which is placed with respect to any sporting event4 4 7b7 ,effective date ,the amendment made by this section shall apply to wagers placed after the date of the enactment of this ,act4