The House Rules Committee declined to consider Rep. Dina Titus’s FAIR BET Act amendment to the 2026 National Defense Authorization Act, Titus said. The proposal would restore deductions for gambling losses to 100% of winnings; the standalone bill remains before the House Ways and Means Committee awaiting a hearing.
The proposal could change the share of gambling losses US taxpayers may deduct against winnings.
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The House Rules Committee reportedly declined to advance an amendment restoring full federal deductions for gambling losses. The proposal would have reversed the 90% deduction cap and was left off a spending bill that passed the House.
US Representative Dina Titus said she had introduced the FAIR BET Act as an amendment to the 2026 National Defense Authorization Act, seeking to restore full deductions for gambling losses. The source said a 2025 tax law capped deductions at 90% of winnings from 1 January 2026. Titus urged House Republicans to allow the proposal to be considered by the Rules Committee in September.
Nevada representative Dina Titus has asked House Speaker Mike Johnson and Majority Leader Steve Scalise to advance the FAIR BET Act before Congress adjourns. The bill would restore the full federal deduction for gambling losses, reversing the 90% cap enacted in 2025; Titus said the cap could affect regulated markets and tax revenues. The House Ways and Means Committee approved the measure 38 to 5 in September, but it still needs a full House vote.
A push to restore the full federal gambling-loss deduction is back before House Republican leaders, with Nevada Congresswoman Dina Titus urging action on the FAIR BET Act before the year's adjournment. In a letter to Speaker Mike Johnson and Majority Leader Steve Scalise, she requested that the legislation be included in a major spending measure or another bill that must pass before the session ends.
US Representative Dina Titus introduced the FAIR BET Act, which would restore the 100% deduction for gambling losses, according to the report. The measure would reverse a law limiting deductions to 90% of losses from 2026; Titus said the change could affect bettors’ tax reporting and use of unregulated platforms.
The House Ways and Means Committee advanced a measure to restore the full federal deduction for gambling losses, Rep. Dina Titus said. The proposal was attached to H.R. 10357 and would reverse the 90% cap scheduled to take effect on 1 January 2027; House and Senate approval and the president’s signature would still be required.