HJRES25119th Congress

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".

Sponsored By: Representative Carey

Became Law

Summary

Invalidates the IRS rule requiring brokers who regularly provide services effectuating digital asset sales to report gross proceeds. It overturns the rule titled "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales."

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Carey

OH • R

Cosponsors

  • Emmer

    MN • R

    Sponsored 1/28/2025

  • Davidson

    OH • R

    Sponsored 1/28/2025

  • Crank

    CO • R

    Sponsored 2/4/2025

  • Tenney

    NY • R

    Sponsored 2/7/2025

  • Thanedar

    MI • D

    Sponsored 2/24/2025

  • Nunn (IA)

    IA • R

    Sponsored 2/24/2025

  • Kustoff

    TN • R

    Sponsored 2/24/2025

  • Timmons

    SC • R

    Sponsored 2/25/2025

  • Downing

    MT • R

    Sponsored 2/27/2025

Roll Call Votes

All Roll Calls

Yes: 432 • No: 188

senate vote • 3/26/2025

On the Joint Resolution H.J.Res. 25

Yes: 70 • No: 28

senate vote • 3/26/2025

On the Motion to Proceed H.J.Res. 25

Yes: 70 • No: 28

house vote • 3/11/2025

On Passage

Yes: 292 • No: 132

View on Congress.gov

Related Bills

Back to Legislation

Take It Personal

Get Your Personalized Policy View

Create a free account to save research, track policy impacts, and unlock your personalized versions of these pages.

Already have an account? Sign in