Internet Gambling Regulation and Tax Enforcement Act of 2007
Latest action · Jun 7, 2007 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 7, 2007
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Internet Gambling Regulation and Tax Enforcement Act of 2007 - Amends the Internal Revenue Code to establish licensing requirements and fees for Internet gambling operators.
Requires Internet gambling operators to pay to the Director of the Financial Crimes Enforcement Network during each 30-day period of operation a license fee of 2% of all bets and wagers placed during the preceding 30-day period.
Requires the Director to grant Internet gambling licenses to applicants who meet criteria set by the Director and are generally fit to engage in the business of Internet gambling. Requires such operators to adopt appropriate mechanisms to ensure the collection of all taxes and license fees relating to Internet gambling that become due to federal and state governments.
Cosponsors 1
Members who signed on, in the order they did. All signed on Jul 31, 2007.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-HI | Neil Abercrombie | Jul 31, 2007 |
Actions 3
Everything that happened, newest first.
- Jun 7, 2007Introduced in House
- Jun 7, 2007Referred to the House Committee on Ways and Means.
- Jun 7, 2007Sponsor introductory remarks on measure. (CR H6166)
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 2046 | Internet Gambling Regulation and Enforcement Act of 2007 | Related bill | Apr 30, 2007 |
| HR 5523 | Internet Gambling Regulation and Tax Enforcement Act of 2008 | Related bill | Mar 4, 2008 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jun 7, 2007Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.