# 116-hr-5635: Virtual Currency Tax Fairness Act of 2020

116-hr-5635, Virtual Currency Tax Fairness Act of 2020, is a 116th Congress bill sponsored by Rep. DelBene, Suzan K. [D-WA-1] (D-WA); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-5635
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-5635
- Congress: 116
- Title: Virtual Currency Tax Fairness Act of 2020
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2020-01-16
- Sponsor: Rep. DelBene, Suzan K. [D-WA-1] (D-WA)
- Cosponsors: 4
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Virtual Currency Tax Fairness Act of 2020 This bill excludes from gross income, for income tax purposes, up to $200 of gain from the disposition of virtual currency in a personal transaction. The bill defines virtual currency as a digital representation of value that is used as a medium of exchange and is not otherwise currency.

## Cosponsors (4)

- Rep. Schweikert, David [R-AZ-1] (R-AZ), 2020-01-16T00:00:00.000Z
- Rep. Soto, Darren [D-FL-9] (D-FL), 2020-01-16T00:00:00.000Z
- Rep. Emmer, Tom [R-MN-6] (R-MN), 2020-01-16T00:00:00.000Z
- Rep. Foster, Bill [D-IL-11] (D-IL), 2020-12-10T00:00:00.000Z

## Related bills

- 116-hr-7642: Coronavirus Economic Relief for Transportation Services Act
- 116-hr-3589: Greg LeMond Congressional Gold Medal Act
- 116-hr-1980: Smithsonian Women’s History Museum Act
- 116-hr-1570: Removing Barriers to Colorectal Cancer Screening Act of 2020
- 116-hr-1379: Ensuring Lasting Smiles Act
- 116-hr-1108: Aviation Funding Stability Act of 2019

## Sources
- [116-hr-5635 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/5635)

## Related
- [116-hr-7642: Coronavirus Economic Relief for Transportation Services Act](https://policyrisk.com/legislation/116-hr-7642)
- [116-hr-3589: Greg LeMond Congressional Gold Medal Act](https://policyrisk.com/legislation/116-hr-3589)
- [116-hr-1980: Smithsonian Women’s History Museum Act](https://policyrisk.com/legislation/116-hr-1980)
- [116-hr-1570: Removing Barriers to Colorectal Cancer Screening Act of 2020](https://policyrisk.com/legislation/116-hr-1570)
- [116-hr-1379: Ensuring Lasting Smiles Act](https://policyrisk.com/legislation/116-hr-1379)
- [116-hr-1108: Aviation Funding Stability Act of 2019](https://policyrisk.com/legislation/116-hr-1108)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-5635 (as of 2025-11-18).