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End of Wagering Taxes: Relief for Gaming Industry and Players.

This bill aims to eliminate specific wagering taxes previously levied on gaming businesses and individuals. Starting from 2023, these entities will no longer be required to pay these particular fees, which could impact their operations and potentially service costs for players.
Key points
The act completely repeals federal excise taxes on wagering, which were part of the Internal Revenue Code.
The changes are effective for tax years beginning after December 31, 2022, providing immediate relief to the industry.
For citizens, this could potentially mean lower costs for participating in wagering or increased competitiveness in the gaming market.
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Additional Information
Print number: 118_HR_1661
Sponsor: Rep. Titus, Dina [D-NV-1]
Process start date: 2023-03-17
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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 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_1661.

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 2023-03-17.

What are the main provisions?

Key points include:

  • The act completely repeals federal excise taxes on wagering, which were part of the Internal Revenue Code.
  • The changes are effective for tax years beginning after December 31, 2022, providing immediate relief to the industry.
  • For citizens, this could potentially mean lower costs for participating in wagering or increased competitiveness in the gaming market.
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 2025-12-24.

CATEGORIES

Taxes Economy