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End of Wagering Tax: Relief for Gaming Industry.

This bill aims to repeal the federal tax on wagering, which could reduce costs for businesses in the gaming industry. For citizens, this might mean potentially lower prices for betting services or a wider range of offerings, as companies would no longer need to factor this tax into their expenses. These changes are set to apply from the beginning of 2021.
Key points
Repeal of the federal tax on wagering, potentially lowering costs for gaming businesses.
Potential benefits for consumers through lower prices or a broader range of betting services.
Changes are effective retroactively from January 1, 2021.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_HR_2350
Sponsor: Rep. Titus, Dina [D-NV-1]
Process start date: 2021-04-01
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Discriminatory Gaming Tax Repeal Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_2350.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-04-01.

What are the main provisions?

Key points include:

  • Repeal of the federal tax on wagering, potentially lowering costs for gaming businesses.
  • Potential benefits for consumers through lower prices or a broader range of betting services.
  • Changes are effective retroactively from January 1, 2021.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Titus, Dina [D-NV-1].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Taxes Economy