Today I am urging @WaysMeansCmte Chairman @RepJasonSmith to place the FAIR BET Act on the committee calendar. Now is the time to fix the unfair 90% tax deduction for gambling losses that negatively impacts professional and casual players. See my full letter to the Chairman below.
Earlier this year the BS Budget Bill reduced the tax deduction for gambling losses to 90%.
In response, I introduced the FAIR BET Act to restore the commonsense 100% tax deduction to protect professional and recreational gamblers. I was the first in Congress to introduce this fix and haven’t stopped garnering support from members and stakeholders since.
In fact, the #FAIRBETAct has up to 21 bipartisan co-sponsors with @RepEzell most recently joining!
It is now critical for @WaysandMeansGOP to add this bill to the legislative calendar before the year ends. We must get this fixed.
The fight to restore the 100% gambling loss tax deduction continues.
I’ve introduced the #FAIRBETAct as an amendment to the 2026 National Defense Authorization Act (NDAA).
I strongly encourage the Republicans to make this amendment in order when it goes before the House Rules Committee upon our return to Congress next month.
I just introduced the FAIR BET Act with @RepRoKhanna to rightfully restore the 100% tax deduction for gaming losses.
I encourage other members to support this critical fix.
It's not too late to contact your reps over the Big Beautiful Bill's gambling tax provision.
Here's a 3-step process to make some noise:
https://t.co/rT54tr3h67