To amend the Internal Revenue Code of 1986 to restore wagering loss limitation rules.

Hozzl · 2025-08-02T08:05:45Z

Explore the details of House Bill 4630 To amend the Internal Revenue Code of 1986 to restore wagering loss limitation rules. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

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

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy 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.

Comments

Isabelle Fuller

1,012

1 year 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

963

1 year 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 🤔