Library / Laws / 116th / hr / H.R. 7790 / Introduced in House
I
116th CONGRESS
2d Session
H. R. 7790
IN THE HOUSE OF REPRESENTATIVES
July 24, 2020Ms. Titus (for herself and Mr. Reschenthaler) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to repeal chapter 35 (relating to taxes on wagering).
1.
Repeal
(a)
In general
Chapter 35 of subtitle D of the Internal Revenue Code of 1986 is repealed.
(b)
Effective date
The amendment made by this section shall apply to taxable years beginning after December 31, 2019.