# 119-hjres-25: 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".

119-hjres-25, 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"., is a 119th Congress bill sponsored by Rep. Carey, Mike [R-OH-15] (R-OH); status became_law (as of 2026-07-15).

- Canonical: https://policyrisk.com/legislation/119-hjres-25
- As of: 2026-07-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hjres-25
- Congress: 119
- Title: 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".
- Status: became_law
- Introduced: 2025-01-21
- Sponsor: Rep. Carey, Mike [R-OH-15] (R-OH)
- Cosponsors: 9
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2026-07-15

## Summary

**Ends IRS gross-proceeds reporting rule for digital-asset brokers.** This law nullifies the Internal Revenue Service rule that would have required brokers to report gross proceeds from digital-asset sales and prevents any new reporting obligations from taking effect.

## Cosponsors (9)

- Rep. Emmer, Tom [R-MN-6] (R-MN), 2025-01-28T00:00:00.000Z
- Rep. Davidson, Warren [R-OH-8] (R-OH), 2025-01-28T00:00:00.000Z
- Rep. Crank, Jeff [R-CO-5] (R-CO), 2025-02-04T00:00:00.000Z
- Rep. Tenney, Claudia [R-NY-24] (R-NY), 2025-02-07T00:00:00.000Z
- Rep. Thanedar, Shri [D-MI-13] (D-MI), 2025-02-24T00:00:00.000Z
- Rep. Nunn, Zachary [R-IA-3] (R-IA), 2025-02-24T00:00:00.000Z
- Rep. Kustoff, David [R-TN-8] (R-TN), 2025-02-24T00:00:00.000Z
- Rep. Timmons, William R. [R-SC-4] (R-SC), 2025-02-25T00:00:00.000Z
- Rep. Downing, Troy [R-MT-2] (R-MT), 2025-02-27T00:00:00.000Z

## Votes

| Date | Chamber | Question | Result | Yea | Nay |
| --- | --- | --- | --- | --- | --- |
| 2025-03-26T20:01:00.000Z | senate | On the Joint Resolution H.J.Res. 25 | Joint Resolution Passed | 70 | 28 |
| 2025-03-26T18:01:00.000Z | senate | On the Motion to Proceed H.J.Res. 25 | Motion to Proceed Agreed to | 70 | 28 |
| 2025-03-11T00:00:00.000Z | house | On Passage | Passed | 292 | 132 |

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act
- 119-hr-1502: North Platte Canteen Congressional Gold Medal Act
- 119-hr-452: Miracle on Ice Congressional Gold Medal Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-703: Main Street Tax Certainty Act

## Sources
- [119-hjres-25 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-joint-resolution/25)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act](https://policyrisk.com/legislation/119-hr-4382)
- [119-hr-1502: North Platte Canteen Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-1502)
- [119-hr-452: Miracle on Ice Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-452)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-703: Main Street Tax Certainty Act](https://policyrisk.com/legislation/119-hr-703)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hjres-25 (as of 2026-07-15).