117 S3206 PCS: To repeal the provisions of the Infrastructure Investment and Jobs Act that impose new information reporting requirements with respect to digital asset transfers. U.S. Senate 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.

IICalendar No. 168117th CONGRESS1st SessionS. 3206IN THE SENATE OF THE UNITED STATESNovember 15, 2021Mr. Cruz introduced the following bill; which was read the first timeNovember 16, 2021Read the second time and placed on the calendarA BILLTo repeal the provisions of the Infrastructure Investment and Jobs Act that impose new information reporting requirements with respect to digital asset transfers.

1.

Repeal of new information reporting requirements with respect to digital asset transfers

(a)

In general

The amendments made by section 80603 of the Infrastructure Investment and Jobs Act are repealed and the provisions of law amended by such section are restored as if such section had never been enacted. (b)

Effective date

The repeal made by subsection (a) shall take effect on the date of enactment of this Act.

November 16, 2021Read the second time and placed on the calendar