A new bipartisan bill, the FULL HOUSE Act, has been introduced in the U.S. House of Representatives aiming to reverse the damaging tax provision in last year’s “Big Beautiful Bill” that negatively impacts gamblers.
FULL HOUSE, short for Facilitating Useful Loss Limitations to Help Our Unique Service Economy, was introduced by Democratic Rep. Steven Horsford (NV) and Republican Rep. Max Miller (OH). The legislation seeks to restore the ability of gamblers to deduct 100% of their losses against their winnings, a move seen as crucial for Nevada’s gaming and tourism industries.
How FULL HOUSE Differs from Previous Bills
The bill shares similarities with Rep. Dina Titus’s FAIR BET Act, but with a subtle distinction: FULL HOUSE removes references to any percentage of winnings entirely, while FAIR BET simply amended the previous 90% cap to 100%.
Rep. Horsford stressed the economic importance of correcting the tax change:
“Taxing people on money they never actually earned is fundamentally unfair and harmful to Nevada’s economy. This policy would drive tourism elsewhere. Congress must act to correct this mistake.”
He also quipped, “Nevada deserves a Full House – not a stacked deck.”
Rep. Miller added his bipartisan support, saying:
“Americans should not be taxed on money they didn’t actually take home. By restoring the full deduction for gambling losses, this bill ensures the IRS treats taxpayers honestly and consistently.”
Background and Previous Attempts
The FULL HOUSE Act continues the effort to overturn last year’s gambling tax changes. Sen. Cortez Masto originally introduced the measure in the Senate, while Rep. Titus led the FAIR BET Act in the House in late 2025. Both represent Nevada, a state heavily reliant on casino revenue.
Last year, momentum for the FAIR BET Act stalled when the GOP-controlled House Rules Committee rejected the bill and blocked attempts to attach its language to other legislation. Rep. Titus remains actively involved, proposing to include the repeal in upcoming Ways and Means markups, while Horsford and Miller aim to attach FULL HOUSE to must-pass legislation to increase its chances of passage.
