# 119-hr-4630: WAGER Act of 2025

119-hr-4630, WAGER Act of 2025, is a 119th Congress bill sponsored by Rep. Barr, Andy [R-KY-6] (R-KY); status introduced; PRIA reads it as touching household money (as of 2026-07-19).

- Canonical: https://policyrisk.com/legislation/119-hr-4630
- As of: 2026-07-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-4630
- Congress: 119
- Title: WAGER Act of 2025
- Status: introduced
- Introduced: 2025-07-23
- Sponsor: Rep. Barr, Andy [R-KY-6] (R-KY)
- Cosponsors: 5
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-07-19

## Summary

**Restores full deductibility of wagering losses** by striking the phrase in Internal Revenue Code section 165(d)(1) that limited losses to the extent of wagering gains. The WAGER Act of 2025 would allow taxpayers to deduct wagering losses in full for taxable years beginning after December 31, 2025.

## Cosponsors (5)

- Rep. Nehls, Troy E. [R-TX-22] (R-TX), 2025-08-01T00:00:00.000Z
- Rep. McGarvey, Morgan [D-KY-3] (D-KY), 2025-10-06T00:00:00.000Z
- Rep. Gray, Adam [D-CA-13] (D-CA), 2025-10-17T00:00:00.000Z
- Rep. Garbarino, Andrew R. [R-NY-2] (R-NY), 2025-11-19T00:00:00.000Z
- Rep. Titus, Dina [D-NV-1] (D-NV), 2025-12-17T00:00:00.000Z

## Provisions PRIA read

- Would allow full gambling loss deduction: benefit, high. If enacted, you could deduct gambling losses even if they are more than your gambling winnings. This would start for tax years beginning after December 31, 2025 (the 2026 tax year for most people). It would apply to wagering losses covered by federal tax rules. Your tax savings would depend on your…

## Related bills

- 119-hr-1661: SAFE Act of 2025
- 119-hr-3277: Ensuring Lasting Smiles Act
- 119-hr-1269: Honoring Our Fallen Heroes Act of 2025
- 119-hr-1422: Enhanced Iran Sanctions Act of 2025
- 119-hr-9250: Great American Outdoors Act 250
- 119-hr-4304: Fair Accounting for Income Realized from Betting Earnings Taxation Act

## Sources
- [119-hr-4630 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/4630)

## Related
- [119-hr-1661: SAFE Act of 2025](https://policyrisk.com/legislation/119-hr-1661)
- [119-hr-3277: Ensuring Lasting Smiles Act](https://policyrisk.com/legislation/119-hr-3277)
- [119-hr-1269: Honoring Our Fallen Heroes Act of 2025](https://policyrisk.com/legislation/119-hr-1269)
- [119-hr-1422: Enhanced Iran Sanctions Act of 2025](https://policyrisk.com/legislation/119-hr-1422)
- [119-hr-9250: Great American Outdoors Act 250](https://policyrisk.com/legislation/119-hr-9250)
- [119-hr-4304: Fair Accounting for Income Realized from Betting Earnings Taxation Act](https://policyrisk.com/legislation/119-hr-4304)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-4630 (as of 2026-07-19).