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

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 24 February 1977

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 24 February 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 24 February 1977

   Introduced

   Introduced in House

   Source: IntroReferral

4. 28 March 1977

   Reported

   Reported to House from the Committee on Ways and Means with amendment, H. Rept. 95-122.

   Source: Committee

5. 28 March 1977

   Reported

   Reported to House from the Committee on Ways and Means with amendment, H. Rept. 95-122.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

• Reported to House with amendment(s)

  summary · EN · 28 March 1977

  Open at official source

• Introduced in House

  summary · EN · 24 February 1977

  Open at official source

Sponsors

• Rep. Waggonner, Joe D., Jr. [D-LA-4] · D · Sponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.