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United States · Bill · HR

H.R. 6937 (117th)

To amend the Internal Revenue Code of 1986 to increase the information reporting threshold for slot winnings.

referredUnited States· United States Congress· EN

Introduced

3 March 2022

Last action

3 March 2022 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Titus, Dina [D-NV-1], Rep. Reschenthaler, Guy [R-PA-14], Anthony Brown, Rep. Amodei, Mark E. [R-NV-2], Rep. Horsford, Steven [D-NV-4], Markwayne Mullin, Tom Cole, Rodney Davis, Darin LaHood, Rep. Obernolte, Jay [R-CA-23], Jefferson Van Drew, Rep. Kelly, Mike [R-PA-16], Rep. Suozzi, Thomas R. [D-NY-3], Jackie Walorski, Doug LaMalfa, Rep. Schweikert, David [R-AZ-1], Rep. Fitzpatrick, Brian K. [R-PA-1], Sen. Gallego, Ruben [D-AZ]

Subjects

Taxation

Source updated

7 February 2024

Taxation

Official sourceDownload fileView documentsShare

Summary

This bill provides that no tax information return for winnings from one slot machine play shall be required unless the winnings are at least $5,000 (without reduction for the amount wagered). This threshold amount is adjusted for inflation for calendar years beginning after 2023.

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

Timeline

  1. 3 March 2022

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 3 March 2022

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 3 March 2022

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Related records

Sources

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