- Stage
- In committee
- Started in
- House
- Sponsors
- 12
- Latest action
- Mar 18, 2025
What it does
The SLOT Act of 2025 would amend the Internal Revenue Code to raise the threshold for mandatory reporting of slot machine winnings from the current $1,200 to $5,000 per play, without deducting the amount wagered. This change would affect casinos and other gambling establishments by reducing the number of slot machine payouts that trigger IRS information reporting requirements. The $5,000 threshold would be adjusted annually for inflation starting in 2027, rounded to the nearest $100, and the rule would apply to winnings received after December 31, 2025.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
Loading coverage…
Where it goes next
While a bill can still move, the questions are about people and money.