I
119THCONGRESS
1
STSESSION H. R. 2233
To amend the Internal Revenue Code of 1986 to increase the information
reporting threshold for slot winnings.
IN THE HOUSE OF REPRESENTATIVES
MARCH18, 2025
Ms. T
ITUS(for herself, Mr. RESCHENTHALER, Mr. KELLYof Pennsylvania,
Mr. V
ANDREW, Mr. BERGMAN, Mr. JOHNSONof Georgia, Mr. EZELL,
and Mr. C
ORREA) 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 increase
the information reporting threshold for slot winnings.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Shifting Limits on 4
Thresholds Act of 2025’’ or the ‘‘SLOT Act of 2025’’. 5
SEC. 2. REPORTING THRESHOLD FOR SLOT MACHINES. 6
(a) I
NGENERAL.—Section 6041 of the Internal Rev-7
enue Code of 1986 is amended by adding at the end the 8
following new subsection: 9
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•HR 2233 IH
‘‘(h) SLOTMACHINES.— 1
‘‘(1) I
N GENERAL.—No return shall be required 2
under subsection (a) in the case of a payment in the 3
course of a trade or business of winnings from one 4
slot machine play unless the winnings from one such 5
play are at least $5,000 (without reduction for the 6
amount wagered). 7
‘‘(2) I
NFLATION ADJUSTMENT .—In the case of 8
payments in any calendar year beginning after 2026, 9
the $5,000 amount in paragraph (1) shall be in-10
creased by an amount equal to— 11
‘‘(A) such dollar amount, multiplied by 12
‘‘(B) the cost-of-living adjustment deter-13
mined under section 1(f)(3) for the calendar 14
year in which the taxable year begins, deter-15
mined by substituting ‘2025’ for ‘2016’ in sub-16
paragraph (A)(ii) thereof. 17
If any increase determined under the preceding sen-18
tence is not a multiple of $100, such increase shall 19
be rounded to the nearest multiple of $100.’’. 20
(b) E
FFECTIVEDATE.—The amendment made by 21
this section shall apply to payments after December 31, 22
2025. 23
Æ
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