Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.
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".
Chamber: United States Senate (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
(15)
CLCynthia Lummis
Republican · Primary
BHBill Hagerty
Republican · Primary
TTThomas Tillis
Republican · Primary
TSTim Sheehy
Republican · Primary
BMBernie Moreno
Republican · Cosponsor
JCJohn Curtis
Republican · Cosponsor
TCTom Cotton
Republican · Cosponsor
SDSteve Daines
Republican · Cosponsor
MBMarsha Blackburn
Republican · Cosponsor
DMDavid McCormick
Republican · Cosponsor
Legislative Votes
United States Senate: S.J. Res. 3; 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 4, 2025 Yes: 70
No: 27
Not Voting: 0
Absent: 3
Chamber Visualization
Yes
No
Not Voting
Absent
Circle color = party affiliation · Border color = vote