Search

Search bills, members, committees and pages...

Sign In

H.R. 6985

U.S. House•In House Committee

Summary

H.R. 6985, the Facilitating Useful Loss Limitations to Help Our Unique Service Economy (FULL HOUSE) Act, was introduced in the House on Jan 8, 2026 by Rep. Max Miller (R) with 6 co-sponsors. It was referred to Ways And Means, and last saw action on Jan 8, 2026: Referred to the House Committee on Ways and Means.

Record

Text

H.R. 6985 has 6 co-sponsors.

hb6985/introduced-in-house.txt
119 HR 6985 IH: Facilitating Useful Loss Limitations to Help Our Unique Service Economy (FULL HOUSE) Act
 U.S. House of Representatives
 2026-01-08
 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  2d Session  H. R. 6985  IN THE HOUSE OF REPRESENTATIVES   January 8, 2026   Mr. Miller of Ohio  (for himself and  Mr. Horsford ) 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 reinstate the rules for wagering losses.
1.
Short title
This Act may be cited as the   Facilitating Useful Loss Limitations to Help Our Unique Service Economy (FULL HOUSE) Act  .
2.
Reinstatement of rules for wagering losses
(a)
In general
 Section 165(d)  of the Internal Revenue Code of 1986 is amended to read as follows:
(d)
Wagering losses
Losses from wagering transactions shall be allowed only to the extent of the gains from such transactions. For purposes of the preceding sentence, the term  losses from wagering transactions  includes any deduction otherwise allowable under this chapter incurred in carrying on any wagering transaction.
 .
(b)
Effective date
The amendments 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.

  1. Introduced2026-01-08
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

To amend the Internal Revenue Code of 1986 to reinstate the rules for wagering losses.

Sponsors

Rep. Max Miller (R) sponsors H.R. 6985, and 6 members have co-sponsored it, 1 of them from the day it was introduced.

Committees

H.R. 6985 went before 1 committee: Ways and Means.

Ways and Means
Ways and Means
Referred To · Jan 8, 2026 · 1,160 Bills

Actions

H.R. 6985 has taken 2 actions since Jan 8, 2026.

ChamberAction
Jan 8, 2026
House
Introduced in House
Jan 8, 2026
House
Referred to the House Committee on Ways and Means.Ways and Means Committee

Votes

H.R. 6985 has not gone to a roll call.

1 bill is related to H.R. 6985, as Identical bill.

Titles

H.R. 6985 goes by 3 titles, 1 of them short titles.

  • Facilitating Useful Loss Limitations to Help Our Unique Service Economy (FULL HOUSE) Act — Display Title
  • Facilitating Useful Loss Limitations to Help Our Unique Service Economy (FULL HOUSE) Act — Short Title(s) as Introduced
  • To amend the Internal Revenue Code of 1986 to reinstate the rules for wagering losses. — Official Title as Introduced

Lobbying

8 clients hired 7 firms and 39 registered lobbyists who named H.R. 6985 in 16 quarterly filings, 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, Indian/Native American Affairs, Real Estate/Land Use/Conservation, Banking, Labor Issues/Antitrust/Workplace, Communications/Broadcasting/Radio/TV, Consumer Issues/Safety/Products.

Clients

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

ClientBusinessStateFirmsFilingsReported
BOYD GAMING CORPORATIONMulti-jursidictional gaming company.Nevada24$120K
RED ROCK RESORTS, INC.Hospitality companyNevada12$120K
KATUMA, LLCAnalytics for parimutuel gaming.Florida12$107.5K
NATIONAL THOROUGHBRED RACING ASSOCIATIONTrade AssociationKentucky12$60K
SHAKOPEE MDEWAKANTON DAKOTA (SIOUX) COMMUNITY—Minnesota12$40K
AMERICANS FOR TAX REFORM—District of Columbia12—
CAESARS ENTERPRISE SERVICES, LLCGamingNevada11$90K
AMERICAN GAMING ASSOCIATIONRepresent members' common business issues in areas of federal govt. and legisl. relationsDistrict of Columbia11$30K

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
BROWNSTEIN HYATT FARBER SCHRECK, LLP34$240K
AKIN GUMP STRAUSS HAUER & FELD12$60K
AMERICANS FOR TAX REFORM12—
BOYD GAMING CORPORATION12—
GRAYROBINSON PA12$107.5K
HOLLAND & KNIGHT LLP12$40K
TIBER CREEK GROUP12$120K

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 39.

LobbyistFirmsClientsFilings
WILLIAM MOSCHELLA134
HAROLD HANCOCK123
CHRISTOPHER BUTLER112
CHRISTOPHER JAARDA112
CHRISTOPHER MCCANNELL112
DAVID RANSOM112
DAVID REID122
DREW CANTOR112
GEOFFREY BURR112
GROVER NORQUIST112
JAMES ERWIN112
JAN BEUKELMAN112
JEFFREY SHAPIRO112
LAUREN HANCOCK112
LAUREN RUBIN112
LILY ISRAEL112
MARC LAMPKIN112
MARK WARREN112
MIKE PALICZ112
PAUL ANDERSON112

Filings

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

ClientRegistrantPeriodReportedDocument
CAESARS ENTERPRISE SERVICES, LLCBROWNSTEIN HYATT FARBER SCHRECK, LLP2026 second_quarter$90K2nd Quarter - Report
AMERICANS FOR TAX REFORMAMERICANS FOR TAX REFORM2026 second_quarter$70K2nd Quarter - Report
KATUMA, LLCGRAYROBINSON PA2026 second_quarter$70K2nd Quarter - Report
AMERICANS FOR TAX REFORMAMERICANS FOR TAX REFORM2026 first_quarter$70K1st Quarter - Report
BOYD GAMING CORPORATIONTIBER CREEK GROUP2026 second_quarter$60K2nd Quarter - Report
BOYD GAMING CORPORATIONBOYD GAMING CORPORATION2026 second_quarter$60K2nd Quarter - Report
RED ROCK RESORTS, INC.BROWNSTEIN HYATT FARBER SCHRECK, LLP2026 second_quarter$60K2nd Quarter - Report
BOYD GAMING CORPORATIONBOYD GAMING CORPORATION2026 first_quarter$60K1st Quarter - Report
BOYD GAMING CORPORATIONTIBER CREEK GROUP2026 first_quarter$60K1st Quarter - Report
RED ROCK RESORTS, INC.BROWNSTEIN HYATT FARBER SCHRECK, LLP2026 first_quarter$60K1st Quarter - Report
KATUMA, LLCGRAYROBINSON PA2026 first_quarter$37.5K1st Quarter - Report
NATIONAL THOROUGHBRED RACING ASSOCIATIONAKIN GUMP STRAUSS HAUER & FELD2026 second_quarter$30K2nd Quarter - Report
AMERICAN GAMING ASSOCIATIONBROWNSTEIN HYATT FARBER SCHRECK, LLP2026 second_quarter$30K2nd Quarter - Report
NATIONAL THOROUGHBRED RACING ASSOCIATIONAKIN GUMP STRAUSS HAUER & FELD2026 first_quarter$30K1st Quarter - Report
SHAKOPEE MDEWAKANTON DAKOTA (SIOUX) COMMUNITYHOLLAND & KNIGHT LLP2026 second_quarter$20K2nd Quarter - Report
SHAKOPEE MDEWAKANTON DAKOTA (SIOUX) COMMUNITYHOLLAND & KNIGHT LLP2026 first_quarter$20K1st Quarter - Report

Classification

The Congressional Research Service files H.R. 6985 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 6985’s is Taxation.

hr6985/policy-areas.txt
TaxationAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTransportation and Public WorksWater Resources Development

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 6985, as entered in the Congressional Record.

[Congressional Record Volume 172, Number 5 (Thursday, January 8, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MILLER of Ohio:H.R. 6985.Congress has the power to enact this legislation pursuantto the following:Congress has the power to enact this legislation persuantto Article I, Section 8, Clause 1.[Page H253]

Source: congress.gov · legiscan.com