Amends the Internal Revenue Code to repeal the two percent excise tax on wagers and the annual $500 occupational tax on persons engaged in the business of accepting wagers. Makes the effective date of this Act January 1, 1981.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Reported to House from the Committee on Ways and Means with amendment, H. Rept. 96-561.
Reported to House from the Committee on Ways and Means with amendment, H. Rept. 96-561.
Reported to House from the Committee on Ways and Means with amendment, H. Rept. 96-561 (Part II).
Reported to House from the Committee on Ways and Means with amendment, H. Rept. 96-561 (Part II).
Measure called up by call of calendar in House.
Measure considered in House.
Passed/agreed to in House: Measure passed House, amended.
Measure passed House, amended.
Referred to Senate Committee on Finance.
Reported to Senate from the Committee on Finance with amendment, S. Rept. 96-912.
Reported to Senate from the Committee on Finance with amendment, S. Rept. 96-912.
Call of calendar in Senate.
Measure considered in Senate.
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