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115-hr-7356115th Congress

Token Taxonomy Act

Sponsored By: Representative Davidson, Warren [R-OH-8]

Unknown

Summary

Token Taxonomy Act This bill specifies that digital tokens, such as those used in virtual currencies, are not securities for regulatory purposes. The bill also provides for the tax treatment of virtual currencies, including by excluding from gross income any gains from virtual currency transactions up to $600.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Davidson, Warren [R-OH-8]

OH • R

Cosponsors

  • Rep. Soto, Darren [D-FL-9]

    FL • D

    Sponsored 12/20/2018

Roll Call Votes

No roll call votes available for this bill.

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