A joint resolution 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".

3.0.0 25 2026-02-27T09:06:58Z 2026-02-27T09:06:58Z House H HJRES 2025-01-21 119 https://www.congress.gov/bill/119th-congress/house-joint-resolution/25 [Congressional Record Volume 171, Number 12 (Tuesday, January 21, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CAREY:H.J. Res. 25.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H258]]]> hswm00 Ways and Means Committee House Standing Reported By 2025-02-28T19:56:01Z Markup By 2025-02-26T19:06:00Z Referred To 2025-01-21T17:02:50Z H. Rept. 119-7 A joint resolution 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 3 SJRES 2025-03-12 Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212. Related bill House Providing for consideration of the joint resolution (H.J. Res. 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"; providing for consideration of the bill (H.R. 1156) to amend the CARES Act to extend the statute of limitations for fraud under certain unemployment programs, and for other purposes; providing for consideration of the bill (H.R. 1968) making further continuing appropriations and other extensions for the fiscal year ending September 30, 2025, and for other purposes; and for other purposes. 119 211 HRES 2025-09-16 Pursuant to the provisions of H.Res. 707, H.Res. 211 is amended. 15:13:08 Related bill House Procedurally related House 2025-04-10 Became Public Law No: 119-5. President E40000 9 Library of Congress 2025-04-10 Became Public Law No: 119-5. BecameLaw 36000 9 Library of Congress 2025-04-10 Signed by President. President E30000 9 Library of Congress 2025-04-10 Signed by President. BecameLaw 36000 9 Library of Congress 2025-04-01 Presented to President. Floor E20000 2 House floor actions 2025-04-01 Presented to President. President 28000 9 Library of Congress 2025-03-27 Senate Message on Senate action sent to the House. Floor 2025-03-26 Senate Passed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151. Floor 151 https://www.senate.gov/legislative/LIS/roll_call_votes/vote1191/vote_119_1_00151.xml Senate 119 2025-03-27T00:47:58Z 1 2025-03-26 Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151. Floor 17000 9 Library of Congress 151 https://www.senate.gov/legislative/LIS/roll_call_votes/vote1191/vote_119_1_00151.xml Senate 119 2025-03-27T00:47:58Z 1 2025-03-26 Senate Measure laid before Senate by motion. (consideration: CR S1856-1864) Floor 2025-03-26 Senate Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 70 - 28. Record Vote Number: 150. Floor 150 https://www.senate.gov/legislative/LIS/roll_call_votes/vote1191/vote_119_1_00150.xml Senate 119 2025-03-26T22:40:07Z 1 2025-03-12 Senate Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 27. Calendars 2025-03-11 17:53:48 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2025-03-11 17:53:46 On passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099) Floor H37100 2 House floor actions 71 https://clerk.house.gov/evs/2025/roll071.xml House 119 2025-03-11T21:53:46Z 1 2025-03-11 17:53:46 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099) Floor 8000 9 Library of Congress 71 https://clerk.house.gov/evs/2025/roll071.xml House 119 2025-03-11T21:53:46Z 1 2025-03-11 17:47:31 Considered as unfinished business. (consideration: CR H1126) Floor H30000 2 House floor actions 2025-03-11 15:35:31 POSTPONED PROCEEDINGS - At the conclusion of debate on H.J. Res. 25, the Chair put the question on passage of the joint resolution and by voice vote announced that the ayes had prevailed. Mr. Davis (IL) demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced. Floor H8D000 2 House floor actions 2025-03-11 15:34:54 The previous question was ordered pursuant to the rule. Floor H35000 2 House floor actions 2025-03-11 15:08:05 DEBATE - The House proceeded with one hour of debate on H.J. Res. 25. Floor H8D000 2 House floor actions 2025-03-11 15:07:52 Rule provides for consideration of H.J. Res. 25, H.R. 1156 and H.R. 1968. The resolution provides for consideration of H.J. Res. 25, H.R. 1156, and H.R. 1968 under a closed rule. Also, the resolution provides for one hour of general debate and one motion to recommit on each measure. Floor H8D000 2 House floor actions 2025-03-11 15:07:47 Considered under the provisions of rule H. Res. 211. (consideration: CR H1099-1102) Floor H30000 2 House floor actions 2025-03-11 10:09:59 Rules Committee Resolution H. Res. 211 Reported to House. Rule provides for consideration of H.J. Res. 25, H.R. 1156 and H.R. 1968. The resolution provides for consideration of H.J. Res. 25, H.R. 1156, and H.R. 1968 under a closed rule. Also, the resolution provides for one hour of general debate and one motion to recommit on each measure. Floor H1L210 2 House floor actions 2025-02-28 Placed on the Union Calendar, Calendar No. 3. Calendars H12410 2 House floor actions 2025-02-28 Reported by the Committee on Ways and Means. H. Rept. 119-7. Committee H12200 2 House floor actions hswm00 Ways and Means Committee 2025-02-28 Reported by the Committee on Ways and Means. H. Rept. 119-7. Committee 5000 9 Library of Congress hswm00 Ways and Means Committee 2025-02-26 hswm00 Ways and Means Committee 1 House committee actions Ordered to be Reported by the Yeas and Nays: 26 - 16. Committee 2025-02-26 hswm00 Ways and Means Committee 1 House committee actions Committee Consideration and Mark-up Session Held Committee 2025-01-21 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2025-01-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2025-01-21 Introduced in House IntroReferral 1000 9 Library of Congress C001126 Rep. Carey, Mike [R-OH-15] Mike Carey R OH 15 N E000294 Rep. Emmer, Tom [R-MN-6] Tom Emmer R MN 6 2025-01-28 False D000626 Rep. Davidson, Warren [R-OH-8] Warren Davidson R OH 8 2025-01-28 False C001137 Rep. Crank, Jeff [R-CO-5] Jeff Crank R CO 5 2025-02-04 False T000478 Rep. Tenney, Claudia [R-NY-24] Claudia Tenney R NY 24 2025-02-07 False T000488 Rep. Thanedar, Shri [D-MI-13] Shri Thanedar D MI 13 2025-02-24 False N000193 Rep. Nunn, Zachary [R-IA-3] Zachary Nunn R IA 3 2025-02-24 False K000392 Rep. Kustoff, David [R-TN-8] David Kustoff R TN 8 2025-02-24 False T000480 Rep. Timmons, William R. [R-SC-4] William Timmons R SC R. 4 2025-02-25 False D000634 Rep. Downing, Troy [R-MT-2] Troy Downing R MT 2 2025-02-27 False 2025-03-07T19:38:54Z H.J. Res. 25, a joint resolution 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” https://www.cbo.gov/publication/61241 As reported by the House Committee on Ways and Means on February 28, 2025 Public Law 119-5 Taxation Administrative law and regulatory procedures 2025-03-04T20:16:39Z Congressional oversight 2025-03-06T21:36:22Z Currency 2025-03-04T20:17:01Z Digital media 2025-03-04T20:16:55Z Financial services and investments 2025-03-04T20:17:08Z Internal Revenue Service (IRS) 2025-03-04T20:16:31Z Tax administration and collection, taxpayers 2025-03-04T20:16:45Z Taxation 2025-01-27T23:05:04Z

00 2025-01-21 Introduced in House 2025-03-06T20:12:44Z This joint resolution nullifies the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued by the Internal Revenue Service (IRS) on December 30, 2024. The rule generally requires persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales to the IRS.

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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". Display Title 45 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". 2025-04-03T13:58:43Z Official Title as Introduced 6 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". 2025-01-22T09:48:15Z Introduced in House IH Enrolled Bill https://www.govinfo.gov/content/pkg/BILLS-119hjres25enr/xml/BILLS-119hjres25enr.xml Placed on Calendar Senate 2025-03-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hjres25pcs/xml/BILLS-119hjres25pcs.xml Engrossed in House 2025-03-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hjres25eh/xml/BILLS-119hjres25eh.xml Reported in House 2025-02-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hjres25rh/xml/BILLS-119hjres25rh.xml Introduced in House 2025-01-21T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hjres25ih/xml/BILLS-119hjres25ih.xml 2025-04-11T03:59:59Z https://www.govinfo.gov/content/pkg/PLAW-119publ5/uslm/PLAW-119publ5.xml United States Legislative Markup Public Law 2025-04-10 Became Public Law No: 119-5. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.