HR 2230

112th CONGRESS
1st Session

H. R. 2230

To amend the Internal Revenue Code of 1986 to regulate and tax Internet gambling.

IN THE HOUSE OF REPRESENTATIVES

June 16, 2011

Mr. MCDERMOTT (for himself, Mr. CAMPBELL, and Mr. FRANK of Massachusetts) introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned


A BILL

To amend the Internal Revenue Code of 1986 to regulate and tax Internet gambling.

SECTION 1. SHORT TITLE; AMENDMENT OF 1986 CODE.

SEC. 2. TAX ON INTERNET GAMBLING.

`Subchapter E--Internet Gambling

`SEC. 4491. IMPOSITION OF INTERNET GAMBLING LICENSE TAX.

`SEC. 4492. RECORD REQUIREMENTS.

`SEC. 4493. ELECTIVE STATE AND INDIAN TRIBAL GOVERNMENT ONLINE GAMBLING TAX.

`SEC. 4494. REGULATIONS.

`subchapter e. internet gambling.'.

SEC. 3. INTERNET GAMBLING LICENSEE INFORMATION REPORTING.

`SEC. 6050X. RETURNS RELATING TO INTERNET GAMBLING.

SEC. 4. WITHHOLDING FROM CERTAIN GAMBLING WINNINGS.

SEC. 5. WITHHOLDING OF TAX ON NONRESIDENT ALIENS.

SEC. 6. WAGER TAX APPLICABLE TO FEDERAL ONLINE GAMBLING ACTIVITIES.

SEC. 7. NO EXCLUSIONS UNDER FEDERAL WAGER TAX FOR ONLINE GAMBLING ACTIVITIES.

`SEC. 4402. EXEMPTIONS.

SEC. 8. TERRITORIAL EXTENT.

SEC. 9. AMERICAN HERITAGE PROGRAM.

SEC. 10. BLOCK GRANTS TO STATES FOR TRANSITIONAL ASSISTANCE.

`TITLE XXII--BLOCK GRANTS TO STATES FOR TRANSITIONAL ASSISTANCE

`SEC. 2201. TRANSITIONAL ASSISTANCE TRUST FUND.

`SEC. 2202. TRANSITIONAL ASSISTANCE GRANT PROGRAM.

END