HR 1440119th CongressIn Committee

Discriminatory Gaming Tax Repeal Act of 2025

Introduced: Feb 18, 2025

Standard Summary

Comprehensive overview in 1-2 paragraphs

Discriminatory Gaming Tax Repeal Act of 2025 would repeal the federal excise taxes on wagering by repealing Chapter 35 of the Internal Revenue Code, which governs taxes on wagering. The repeal would take effect for taxable years beginning after December 31, 2024 (i.e., starting with the 2025 tax year). In short, the bill would remove the federal wagering tax regime, eliminating the associated federal tax on wagering transactions and operators from 2025 onward. The measure is titled to suggest a policy aim of addressing what its authors view as discriminatory gaming taxes, though the text itself does not elaborate on discrimination—only the repeal of the tax provisions.

Key Points

1Repeals Chapter 35 of the Internal Revenue Code, which contains the federal excise taxes on wagering.
2Applies to taxable years beginning after December 31, 2024 (starting with the 2025 tax year).
3Short title: “Discriminatory Gaming Tax Repeal Act of 2025.”
4Introduced in the House on February 18, 2025, sponsored by Ms. Titus and several co-sponsors; referred to the Committee on Ways and Means.
5The bill would remove the federal tax burden on wagering activities and wagering operators, effectively eliminating the existing federal wagering excise taxes from 2025 onward.

Impact Areas

Primary group/area affected: Wagering industry and operators (e.g., bookmakers, racetracks, casinos, online gaming platforms) and individuals who place wagers, who would no longer face federal wagering excise taxes.Secondary group/area affected: Federal government revenue (loss of the excise tax revenue that funded the wagering tax regime) and federal tax administration related to wagering.Additional impacts: Possible downstream effects on states and localities that interact with or rely on wagering-related taxes or regulatory frameworks; potential changes in pricing or business models within the gambling sector; broader policy and budgetary implications due to the removal of a federal tax source.

Generated by gpt-5-nano on Nov 18, 2025