# 119-hr-9172: Applying Existing Tax Anti-Abuse Rules to Digital Assets Act

119-hr-9172, Applying Existing Tax Anti-Abuse Rules to Digital Assets Act, is a 119th Congress bill sponsored by Rep. Arrington, Jodey C. [R-TX-19] (R-TX); status introduced; PRIA reads it as touching household money (as of 2026-09-25).

- Canonical: https://policyrisk.com/legislation/119-hr-9172
- As of: 2026-09-25
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-9172
- Congress: 119
- Title: Applying Existing Tax Anti-Abuse Rules to Digital Assets Act
- Status: introduced
- Introduced: 2026-06-08
- Sponsor: Rep. Arrington, Jodey C. [R-TX-19] (R-TX)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-25

## Summary

**This bill would apply existing tax anti‑abuse rules — especially wash sale and constructive sale rules — to most digital assets.** It creates a new property class called "specified assets" and adds detailed digital‑asset definitions and exceptions to the tax code.

## Provisions PRIA read

- Constructive-sale taxes on crypto: cost, medium. This bill would treat many offsetting crypto positions as taxable constructive sales. If you hold hedges or economically equivalent token positions, the bill could force you to recognize gain earlier than under current rules. Tokenized or wrapped assets would count as equivalent when they are econo…
- New wash-sale rules for crypto: cost, medium. This bill would make most digital assets subject to the existing wash-sale rules. If you sell a crypto asset at a loss and quickly buy the same or a substantially identical token (including many tokenized or wrapped versions), that loss could be disallowed and your basis adjusted. Assets you receiv…
- Which crypto counts and when: mixed, medium. This bill would add many new definitions for digital assets and tests for "widely traded" status. An asset would be "widely traded" only if it was quoted on an exchange all year, had market value over $500,000,000 for most of that year, and you (and related parties) did not own more than 10 percent…
- No legal-label guesses for crypto: mixed, low. This bill would say that its tax definitions do not create any inference about whether a digital asset is a security, commodity, debt, equity, partnership interest, or trust interest under other laws. It would also say the bill should not be read to change how tax rules applied for periods before t…

## Related bills

- 119-hr-1: One Big Beautiful Bill Act
- 119-hr-4317: PBM Reform Act of 2025
- 119-hr-2395: SHORT Act
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-21: Born-Alive Abortion Survivors Protection Act
- 119-hr-10357: Digital Asset Tax Certainty Act

## Sources
- [119-hr-9172 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9172)

## Related
- [119-hr-1: One Big Beautiful Bill Act](https://policyrisk.com/legislation/119-hr-1)
- [119-hr-4317: PBM Reform Act of 2025](https://policyrisk.com/legislation/119-hr-4317)
- [119-hr-2395: SHORT Act](https://policyrisk.com/legislation/119-hr-2395)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-21: Born-Alive Abortion Survivors Protection Act](https://policyrisk.com/legislation/119-hr-21)
- [119-hr-10357: Digital Asset Tax Certainty Act](https://policyrisk.com/legislation/119-hr-10357)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-9172 (as of 2026-09-25).