HR 3963 · 116th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.

Introduced 2019-07-25· Sponsored by Rep. Budd, Ted [R-NC-13]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2019-07-25)

Plain Language Summary

[AI summary unavailable — showing source text] Virtual Value Tax Fix Act of 2019 This bill allows an exclusion of gain or loss, for income tax purposes, on like-kind exchanges of virtual currency completed prior to 2025.…

Summarized by Claude AI · Non-partisan · For informational purposes only