Rep. Dina Titus Introduces Bill to Restore Gaming Loss Deduction
WASHINGTON – Congresswoman Dina Titus (NV-01), co-chair of the Congressional Gaming Caucus, today introduced the Fair Accounting for Income Realized from Betting Earnings Taxation (FAIR BET) Act that would restore the 100% deduction for gambling losses. “The recently passed budget bill included a provision inserted by Senate Republicans without consent of the House that imposed a…