Bill · H.R. 1440· House(119-HR-1440)
Discriminatory Gaming Tax Repeal Act of 2025
- Introduced
- 2/18/2025
- Last activity
- 2/18/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Dina Titus
- Cosponsors
- - 2 - 5
- Introduced
- 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.
Who it would affect, and how
Potential Positive Impacts for People
- Repeal of excise taxes on wagering: By repealing Chapter 35 of the Internal Revenue Code of 1986, the bill removes the current taxes placed on wagering (Section 2(a)).
Potential Negative Impacts for People
- No negative impacts identified: The provided text does not contain any information regarding potential negative consequences or burdens.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+6Good For High Income Households+3Good For Urban Residents+2
- Economy And Finance
- Improves Small Business Support+5Reduces Small Business Taxes+5Increases Job Creation+2Reduces Government Spending-3
- 4/21/2025
- 1 Cosponsor added.
- 3/6/2025
- 2 Cosponsors added.
- 2/18/2025
- Referred to the House Committee on Ways and Means.
- 4 Cosponsors added.
- Introduced in House
Mark AmodeiRepublican · Nevada
Brian FitzpatrickRepublican · Pennsylvania
Andrew GarbarinoRepublican · New York
Steven HorsfordDemocrat · Nevada
Mike KellyRepublican · Pennsylvania
Guy ReschenthalerRepublican · Pennsylvania
Thomas SuozziDemocrat · New York