[Congressional Record Volume 167, Number 145 (Tuesday, August 10, 2021)]
[Senate]
[Page S6395]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 3673. Mr. TOOMEY (for himself, Mr. Wyden, and Ms. Lummis)
submitted an amendment intended to be proposed by him to the concurrent
resolution S. Con. Res. 14, setting forth the congressional budget for
the United States Government for fiscal year 2022 and setting forth the
appropriate budgetary levels for fiscal years 2023 through 2031; which
was ordered to lie on the table; as follows:
At the end of title III, add the following:
SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO LIMITING
BROKER REPORTING REQUIREMENTS FOR
CRYPTOCURRENCY TRANSACTIONS.
The Chairman of the Committee on the Budget of the Senate
may revise the allocations of a committee or committees,
aggregates, and other appropriate levels in this resolution,
and make adjustments to the pay-as-you-go ledger, for one or
more bills, joint resolutions, amendments, amendments between
the Houses, motions, or conference reports relating to
changes in Federal tax laws, which may include amendments or
clarifications regarding the definition of a broker for
purposes of reporting requirements with respect to
cryptocurrency transactions under the Internal Revenue Code
of 1986, as well as the treatment of digital assets under
such Code, by the amounts provided in such legislation for
those purposes, provided that such legislation would not
increase the deficit over either the period of the total of
fiscal years 2022 through 2026 or the period of the total of
fiscal years 2022 through 2031.
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