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United States · Bill · HR

H.R. 3323 (95th)

A bill relating to the withholding on the proceeds of certain wagers with respect to horse races, dog races and jai alai.

referredUnited States· United States Congress· EN

Introduced

9 February 1977

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Amends the Internal Revenue Code to limit the pari-mutuel gambling winning on horse and dogs races and jai alai which are subject to tax withholding to one-half of the proceeds exceeding $1,000 where the winnings are at least 300 times the size of the wager.

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Documents

1 official file

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Sources

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