Text: H.R.7790 — 116th Congress (2019-2020)All Information (Except Text)

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Introduced in House (07/24/2020)


116th CONGRESS
2d Session
H. R. 7790


To amend the Internal Revenue Code of 1986 to repeal chapter 35 (relating to taxes on wagering).


IN THE HOUSE OF REPRESENTATIVES

July 24, 2020

Ms. Titus (for herself and Mr. Reschenthaler) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to repeal chapter 35 (relating to taxes on wagering).

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Repeal.

(a) In general.—Chapter 35 of subtitle D of the Internal Revenue Code of 1986 is repealed.

(b) Effective date.—The amendment made by this section shall apply to taxable years beginning after December 31, 2019.


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