HR4304Referred to Committee

Fair Accounting for Income Realized from Betting Earnings Taxation Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-07-07
Introduced
25
Cosponsors
HR
ⓘ
Type

Sponsor

Dina Titus
Dina Titus
Democrat · NV · Representative
Votes with party: 96.5% (492 recorded votes)

Full profile: /officials/T000468

Source: Congress.gov · FEC

Cosponsors (25)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Motion to Discharge Committee filed by Ms. Titus. Petition No: 119-16. (<a href="https://clerk.house.gov/DischargePetition/2026021216">Discharge petition</a> text with signatures.)

2026-02-12

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

This bill would clarify how gambling and sports betting winnings are taxed, likely establishing clearer rules for when and how people report betting earnings to the IRS. The legislation would affect casual bettors, professional gamblers, and sportsbooks by potentially simplifying tax reporting requirements or changing how winnings are classified for tax purposes. The bill is currently stalled in committee, but lawmakers are pushing to bring it to a vote.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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Related legislation

Bills by the same sponsor or covering overlapping subjects.