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Dina Titus urges House leaders to fast-track FAIR BET Act before year-end adjournment

Picture: Yogonet

U.S. Rep. Dina Titus has called on Republican House leaders to advance legislation restoring the full federal gambling-loss tax deduction before Congress adjourns for the year, warning that the existing restriction could push gamblers toward unregulated markets and affect investment and employment in the gaming industry. The Nevada Democrat, whose congressional district includes the Las Vegas Strip, is seeking to attach the Fair Accounting for Income Realized from Betting Earnings Taxation (FAIR BET) Act to must-pass legislation as lawmakers return from recess on Monday for the final weeks of the congressional session. The proposed legislation, H.R.

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