HOUSE 3125118th CongressReferred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to increase the information reporting threshold for slot winnings.

Last Action: 5/5/2023

Actions

2023-05-05Referred to the House Committee on Ways and Means.
2023-05-05Introduced in House
2023-05-05Introduced in House

CRS Summary

As of 2023-05-05 (00)

This bill provides that no tax information return for winnings from one slot machine play shall be required unless the winnings are at least $5,000 (without reduction for the amount wagered). This threshold amount is adjusted for inflation for calendar years beginning after 2024.

Cosponsors (11)

Guy Reschenthaler (R-PA)
Jefferson Van Drew (R-NJ)
Tom Cole (R-OK)
Mark Amodei (R-NV)
Mike Kelly (R-PA)
Dusty Johnson (R-SD)
Steven Horsford (D-NV)
Brian Fitzpatrick (R-PA)
Ruben Gallego (D-AZ)
Marcus Molinaro (R-NY)
Jack Bergman (R-MI)

Read on Congress.gov

Sourced from Congress.gov (public domain).

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