United StatesHouse Bill 2233HR 2233
SLOT Act of 2025
Taxation
2 pages
- house
- senate
- president
Last progress March 18, 2025 (8 months ago)
Introduced on March 18, 2025 by Alice Costandina Titus
Sponsors (11)
House Votes
Pending Committee
March 18, 2025 (8 months ago)Referred to the House Committee on Ways and Means.
Senate Votes
Vote Data Not Available
Presidential Signature
Signature Data Not Available
AI Summary
This bill raises the dollar amount at which casinos must report slot machine winnings to the IRS. A casino would only have to file an information return if a player wins at least $5,000 from a single spin, not counting the amount bet. The threshold will also rise with inflation each year after 2026, rounded to the nearest $100. These changes apply to payments made after December 31, 2025.
Key points
- Who is affected: Slot players and casinos/slot machine operators.
- What changes: Reporting kicks in at $5,000 per single play; the amount adjusts for inflation after 2026.
- When: For payments made starting January 1, 2026.
Text Versions
Text as it was Introduced in House
ViewMarch 18, 2025•2 pages
Amendments
No Amendments