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To amend the Internal Revenue Code of 1986 to restore wagering loss limitation rules.
8/2/2025, 8:05 AM
Summary of Bill HR 4630
The bill titled "To amend the Internal Revenue Code of 1986 to restore wagering loss limitation rules" was introduced in the 119th Congress on July 23, 2025, as H.R. 4630.
Current Status of Bill HR 4630
Bill HR 4630 is currently in the status of Bill Introduced since July 23, 2025. Bill HR 4630 was introduced during Congress 119 and was introduced to the House on July 23, 2025. Bill HR 4630's most recent activity was Referred to the House Committee on Ways and Means. as of July 23, 2025
Bipartisan Support of Bill HR 4630
Total Number of Sponsors
2Democrat Sponsors
0Republican Sponsors
2Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4630
Primary Policy Focus
Alternate Title(s) of Bill HR 4630
To amend the Internal Revenue Code of 1986 to restore wagering loss limitation rules.
To amend the Internal Revenue Code of 1986 to restore wagering loss limitation rules.
Comments
Isabelle Fuller
463
4 months ago
I can't believe this bill, it's so dumb. It's gonna mess with my taxes, ugh. Did you know that this bill also affects online gambling?
Ismael Godfrey
446
4 months ago
I don't get why they're messing with the wagering loss limitation rules. Seems like they're just making things more complicated for no reason. How will this bill actually impact regular folks like me who just want to enjoy a night at the casino without worrying about tax laws? #confused 🤔
Sponsors and Cosponsors of HR 4630
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