SJRES 3 · 119th Congress · Taxation
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
Bill Progress
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Introduced✓
Committee✓
Senate Vote4
House5
EnactedLatest: Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.(2025-03-12)
Recorded Votes
PassedSenate · 2025-03-04
Roll #102 ↗Yea 70Nay 27
PassedSenate · 2025-03-04
Roll #102 ↗Yea 70Nay 27
PassedSenate · 2025-03-04
Roll #101 ↗Yea 70Nay 28
Plain Language Summary
[AI summary unavailable — showing source text]
This joint resolution nullifies the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued by the Internal Revenue Service (IRS) on December 30, 2024. The rule generally requires persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales to the IRS.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (14)
14 Republicans