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United States · Bill · HR

H.R. 5572 (94th)

A bill to amend the Internal Revenue Code of 1954 to exempt State lotteries from the tax on wages and to exclude from gross income amounts won in State lotteries.

referredUnited States· United States Congress· EN

Introduced

26 March 1975

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Exempts State Lotteries from the tax on wagers imposed under the Internal Revenue Code. Excludes vending machines dispensing lottery tickets for State lotteries from the definition of a coin-operated gaming device for purposes of the tax on wagers imposed under the Internal Revenue Code. Excludes from gross income amounts won in State lotteries.

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Documents

1 official file

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Sources

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