Key Takeaways
- A bill recently introduced by Rep. Jim McDermott (D-WA) would establish a 12% tax on deposits to internet gaming sites.
- HR 3491 is considered to be a companion bill to the Internet Gambling Regulation, Consumer Protection and Enforcement Act of 2013 introduced by Rep. Peter King (R-NY) earlier this year.
A bill recently introduced by Rep. Jim McDermott (D-WA) that would establish a 12% tax on deposits to internet gaming sites has been given a “0% chance” of making it out of committee by US legislative tracking website Govtrack.US.
