DemocratBill · H.R. 1440· House(119-HR-1440)

Discriminatory Gaming Tax Repeal Act of 2025

Rep. Titus
Age: 76 years
Nevada
Introduced
2/18/2025
Last activity
2/18/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
Dina Titus
Cosponsors
Democrat - 2Republican - 5
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "Discriminatory Gaming Tax Repeal Act of 2025," proposes changes to the Internal Revenue Code of 1986. The primary goal is to repeal the excise taxes that are currently placed on wagering. This repeal would target Chapter 35 of the Internal Revenue Code, which relates specifically to those taxes. The changes would take effect for taxable years starting after December 31, 2024.

Yes· 3 of 6

  • Would business owners be better off under this?+6

    Business owners in the gaming and wagering sectors will see an increase in net income due to the repeal.

  • Does this cut taxes for small businesses?+5

    The repeal of excise taxes on wagering reduces the tax burden on businesses involved in the gaming and wagering industry.

  • Does this make it easier to run a small business?+5

    The removal of wagering taxes provides direct financial relief to businesses operating in that sector.

The opposite

  • Does this reduce what the federal government spends?-3

    Repealing excise taxes on wagering will decrease federal revenue collected from these activities.