SJRES. 3Introduced
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".
Nullifies the IRS rule requiring certain decentralized finance brokers to report digital asset sale information and gross proceeds
Plain-English overview
What this bill does
Nullifies the IRS rule requiring certain decentralized finance brokers to report digital asset sale information and gross proceeds
Key points
- Repeal IRS digital asset reporting rule
Current status
Where it stands
Status
Introduced
Latest action
2025-03-12 — Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.
Related context
Topics and policy areas
undefinedAdministrative law and regulatory proceduresCongressional oversightCurrencyDigital mediaFinancial services and investmentsInternal Revenue Service (IRS)Tax administration and collection, taxpayers