H.R. 1440 — Introduced in House

I 119th CONGRESS 1st Session H. R. 1440 IN THE HOUSE OF REPRESENTATIVES February 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 Means A BILL To 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taxes on wagering (a) In general Chapter 35 of the Internal Revenue Code of 1986 (relating to taxes on wagering) is repealed.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.