Introduced
H. R. 4304
Introduced in House · July 10, 2025July 7, 2025
Ms. Titus (for herself and Mr. Khanna) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 with respect to wagering losses.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Fair Accounting for Income Realized from Betting Earnings Taxation Act or ‘FAIR Bet Act’”.