A bill to amend the Internal Revenue Code of 1954 to provide that the occupational tax on wagering shall not apply in any state in which wagering is permitted by law.

referredUnited States· United States Congress· EN

Introduced

26 February 1979

Last action

—

Status

Referred to Senate Committee on Finance.

Summary

Amends the Internal Revenue Code to exempt from the excise tax on wagers and the occupational tax on bookmakers any wager or bookmaker authorized under State law (or in the case of a bookmaker, under local law as well).

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Votes

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Versions

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Documents

1 official file

Introduced in Senate
summary · EN · 26 February 1979
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/96th-congress/senate-bill/485
Open data entity: https://api.congress.gov/v3/bill/96/s/485