House bill HR3125-118

Ways and Means Committee

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

• Last activity on May 05, 2023

• Introduced May 05, 2023

• By Rep. Titus, Dina [D-NV-1]

Support this bill

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 2024.

House floor actions Actions

IntroReferral
May. 05 2023	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
May. 05 2023	Introduced in House Introduced in House

House bill HR3125-118

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

Promote the cause!

Or use this QR code