S 3031 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that proceeds from identical wagers shall not be aggregated for purposes of determining whether a tax should be withheld.

Introduced 1982-10-01· Sponsored by Sen. Huddleston, Walter (Dee) [D-KY]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB; Treasury Department.(1982-10-12)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that proceeds from identical wagers shall not be aggregated for purposes of determining the withholding of tax on certain gambling winnings.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Sen. Ford, Wendell H. [D-KY]KY