H.R. 4630

Summary

H.R. 4630, the WAGER Act of 2025, was introduced in the House on Jul 23, 2025 by Rep. Garland Barr (R) with 5 co-sponsors. It was referred to Ways And Means, and last saw action on Jul 23, 2025: Referred to the House Committee on Ways and Means.

Record

Text

H.R. 4630 has 5 co-sponsors.

119 HR 4630 IH: Winnings And Gains Expense Restoration Act of 2025
 U.S. House of Representatives
 2025-07-23
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 4630  IN THE HOUSE OF REPRESENTATIVES   July 23, 2025   Mr. Barr  introduced the following bill; which was referred to the  Committee on Ways and Means    A BILL
To amend the Internal Revenue Code of 1986 to restore wagering loss limitation rules.
1.
Short title
This Act may be cited as the   Winnings And Gains Expense Restoration Act of 2025   or the   WAGER Act of 2025  .
2.
Limitation on wagering losses
(a)
In general
 Section 165(d)(1)  of the Internal Revenue Code of 1986 (as amended by the Act entitled  an Act to provide for reconciliation pursuant to title II of H. Con. Res. 14.  (119th Congress)) is amended by striking  for any taxable year  and all that follows through  shall be allowed  and inserting  for any taxable year shall be allowed .
(b)
Effective date
The amendment made by this section shall apply to taxable years beginning after December 31, 2025.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

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

Sponsors

Rep. Garland Barr (R) sponsors H.R. 4630, and 5 members have co-sponsored it.

Garland Barr

Rep. · R–KY-6 · Sponsor

Introduced Jul 23, 2025

Troy Nehls

Rep. · R–TX-22 · Co-sponsor

Joined Aug 1, 2025

Morgan McGarvey

Rep. · D–KY-3 · Co-sponsor

Joined Oct 6, 2025

Adam Gray

Rep. · D–CA-13 · Co-sponsor

Joined Oct 17, 2025

Andrew Garbarino

Rep. · R–NY-2 · Co-sponsor

Joined Nov 19, 2025

Dina Titus

Rep. · D–NV-1 · Co-sponsor

Joined Dec 17, 2025

Show 6 of 6 rows

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Committees

H.R. 4630 went before 1 committee: Ways and Means.

Ways and Means

Ways and Means

Referred To · Jul 23, 2025 · 1,160 Bills

Actions

H.R. 4630 has taken 2 actions since Jul 23, 2025.

Votes

H.R. 4630 has not gone to a roll call.

Titles

H.R. 4630 goes by 4 titles, 2 of them short titles.

• WAGER Act of 2025 — Display Title
• To amend the Internal Revenue Code of 1986 to restore wagering loss limitation rules. — Official Title as Introduced
• WAGER Act of 2025 — Short Title(s) as Introduced
• Winnings And Gains Expense Restoration Act of 2025 — Short Title(s) as Introduced

Lobbying

10 clients hired 10 firms and 55 registered lobbyists who named H.R. 4630 in 39 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Taxation/Internal Revenue Code, Gaming/Gambling/Casino, Financial Institutions/Investments/Securities, Indian/Native American Affairs, Real Estate/Land Use/Conservation, Animals, Immigration, Agriculture.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 55.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files H.R. 4630 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 4630’s is Taxation.

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 4630, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 126 (Wednesday, July 23, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BARR:H.R. 4630.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the U.S. Constitution[Page H3647]

Source: congress.gov · legiscan.com