HR1661-118

Introduced

To amend the Internal Revenue Code of 1986 to repeal the excise taxes on wagering.

118th Congress Introduced Mar 17, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill repeals short title This Act may be cited as the Discriminatory Gaming Tax Repeal Act of 2023 and requires repeal of excise taxes on wagering Chapter 35 of the Internal Revenue Code of 1986 (relating to taxes on wagering) is repealed. The amendment made by this section shall apply to taxable years beginning after. It relies on tax rate changes and compliance mandates. The main policy areas are Regulated Industries.

Who Benefits and How

Regulated entities and members of the public affected by the bill could face lower compliance burdens.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.

Key Provisions

  • Repeals short title This Act may be cited as the Discriminatory Gaming Tax Repeal Act of 2023.
  • Requires repeal of excise taxes on wagering Chapter 35 of the Internal Revenue Code of 1986 (relating to taxes on wagering) is repealed. The amendment made by this section shall apply to taxable years beginning after...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill repeals short title This Act may be cited as the Discriminatory Gaming Tax Repeal Act of 2023 and requires repeal of excise taxes on wagering Chapter 35 of the Internal Revenue Code of 1986 (relating to taxes on wagering) is repealed. The amendment made by this section shall apply to taxable years beginning after.

Key Policy Areas

Regulated Industries

Primary Purpose

The bill repeals short title This Act may be cited as the Discriminatory Gaming Tax Repeal Act of 2023 and requires repeal of excise taxes on wagering Chapter 35 of the Internal Revenue Code of 1986 (relating to taxes on wagering) is repealed. The amendment made by this section shall apply to taxable years beginning after.

Policy Domains

Regulated Industries

Whole bill

Identified Gains
  • Regulated entities and members of the public affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Regulated entities and members of the public affected by the bill: ,
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Federal, state, or local agencies responsible for implementing the clause:

Legislative Progress

Introduced
Introduced Committee Passed
Mar 17, 2023

Ms. Titus (for herself, Mr. Reschenthaler, Mr. Amodei, and Mr. …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Regulated Industries

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology