Discriminatory Gaming Tax Repeal Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1440 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1440 To amend the Internal Revenue Code of 1986 to repeal the excise taxes on wagering. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 18, 2025 Ms. 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Discriminatory Gaming Tax Repeal Act of 2025''. SEC. 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 (a) In General.--Chapter 35 of the Internal Revenue Code of 1986 (relating to taxes on wagering) is repealed.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…