# 119-hr-6985: Facilitating Useful Loss Limitations to Help Our Unique Service Economy (FULL HOUSE) Act

119-hr-6985, Facilitating Useful Loss Limitations to Help Our Unique Service Economy (FULL HOUSE) Act, is a 119th Congress bill sponsored by Rep. Miller, Max L. [R-OH-7] (R-OH); status introduced; PRIA reads it as touching household money (as of 2026-09-25).

- Canonical: https://policyrisk.com/legislation/119-hr-6985
- As of: 2026-09-25
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-6985
- Congress: 119
- Title: Facilitating Useful Loss Limitations to Help Our Unique Service Economy (FULL HOUSE) Act
- Status: introduced
- Introduced: 2026-01-08
- Sponsor: Rep. Miller, Max L. [R-OH-7] (R-OH)
- Cosponsors: 6
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-25

## Summary

**Limits wagering loss deductions to the amount of wagering gains.** This bill would reinstate Section 165(d) so wagering losses are allowed only to the extent of wagering gains and would clarify that the phrase covers any otherwise allowable deduction incurred in carrying on a wagering transaction. - Individuals who report gambling winnings and losses would only be able to deduct losses up to their gambling gains, shrinking the ability to claim a net gambling loss on a tax return. - Professional or business-like gamblers would have business expenses tied to wagering treated as wagering losses and therefore capped by the same gain-only limit. - The change would apply to tax years beginning after December 31, 2025, so filings for those years would follow the reinstated rule.

## Cosponsors (6)

- Rep. Horsford, Steven [D-NV-4] (D-NV), 2026-01-08T00:00:00.000Z
- Rep. Lee, Susie [D-NV-3] (D-NV), 2026-01-14T00:00:00.000Z
- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY), 2026-01-14T00:00:00.000Z
- Rep. Malliotakis, Nicole [R-NY-11] (R-NY), 2026-01-20T00:00:00.000Z
- Rep. Van Drew, Jefferson [R-NJ-2] (R-NJ), 2026-01-21T00:00:00.000Z
- Rep. Boyle, Brendan F. [D-PA-2] (D-PA), 2026-04-14T00:00:00.000Z

## Provisions PRIA read

- Limits on gambling loss deductions: cost, high. This bill would limit deductions for gambling losses so you could only deduct losses up to the amount you won. It would also say any deduction you take that is tied to carrying on gambling counts as a wagering loss. The change would apply to tax years beginning after December 31, 2025.

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-2036: Credit for Caring Act of 2025
- 119-hr-1422: Enhanced Iran Sanctions Act of 2025
- 119-hr-2102: Major Richard Star Act
- 119-hr-2048: Metastatic Breast Cancer Access to Care Act

## Sources
- [119-hr-6985 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/6985)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-2036: Credit for Caring Act of 2025](https://policyrisk.com/legislation/119-hr-2036)
- [119-hr-1422: Enhanced Iran Sanctions Act of 2025](https://policyrisk.com/legislation/119-hr-1422)
- [119-hr-2102: Major Richard Star Act](https://policyrisk.com/legislation/119-hr-2102)
- [119-hr-2048: Metastatic Breast Cancer Access to Care Act](https://policyrisk.com/legislation/119-hr-2048)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-6985 (as of 2026-09-25).