S.J.Res. 3
IntroducedA 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".
Latest Action
Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.
3/12/2025 • Senate
Summary
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.
Introduced in Senate • 1/21/2025
Topics & Subjects
Congressional Votes (2)
On the Joint Resolution
March 4, 2025
On the Motion to Proceed
March 4, 2025
Related Federal Spending
Sponsor & Cosponsors (15)
Party Breakdown
Sponsor
Cosponsors (14)
Bill Journey
Originated in the Senate
Introduced
January 21, 2025
Committee Review
February 12, 2025
Floor Debate
March 4, 2025
Passed Chamber
Other Chamber
March 6, 2025
President
Vetoed
March 11, 2025
Text Versions (3)
Related Bills (2)
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".
H.Res. 212
Returning Senate Joint Resolution 3 to the Senate.