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United States · Bill · HR

H.R. 3538 (98th)

A bill to amend the Internal Revenue Code of 1954 to revise the withholding rules relating to certain gambling winnings.

referredUnited States· United States Congress· EN

Introduced

12 July 1983

Last action

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Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Amends the Internal Revenue Code to revise the withholding rules relating to certain gambling winnings by raising the amount of winnings to more than $5,000 before withholding begins. Phases in this new withholding threshold over a period of three years.

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Documents

1 official file

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