HR 1440 · 119th CongressIn Committeecongress.gov ↗

Discriminatory Gaming Tax Repeal Act of 2025

What this bill does

AI plain-language summary

This bill would get rid of two federal taxes related to gambling. The first is a tax on the money people bet, which is currently either 0.25% or 2% of the amount wagered depending on whether the state allows the betting. The second is a yearly tax of either $50 or $500 charged to businesses that accept bets, with the amount again depending on whether the state has authorized the gambling.

Introduced

February 18, 2025

Policy Area

Taxation

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