HR 5383
113th Congress
House
Taxation
Gambling
Professional sports
Sales and excise taxes
To amend the Internal Revenue Code of 1986 to exempt sports betting from the tax on authorized wagers.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 31, 2014
Referred to the House Committee on Ways and Means.
Jul 31, 2014
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to prohibit the imposition of a tax on any wager on a sporting event if that wager is authorized under the law of the state in which it is accepted.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1