Became Public Law No: 119-5.
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".
Chamber: United States House of Representatives (The United States of America)
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.
Sponsors
(10)
MCMike Carey
Republican · Primary
WDWarren Davidson
Republican · Cosponsor
JCJeff Crank
Republican · Cosponsor
CTClaudia Tenney
Republican · Cosponsor
STShri Thanedar
Democrat · Cosponsor
ZNZachary Nunn
Republican · Cosponsor
DKDavid Kustoff
Republican · Cosponsor
WTWilliam Timmons
Republican · Cosponsor
TDTroy Downing
Republican · Cosponsor
Legislative Votes
United States Senate: 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".
Mar 27, 2025 Yes: 70
No: 28
Not Voting: 0
Absent: 2
Chamber Visualization
Yes
No
Not Voting
Absent
Circle color = party affiliation · Border color = vote
