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".

Policy area: Taxation

Latest action 2025-03-12 · Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212. · showing text version Engrossed in Senate of 2025-03-04T05:00:00Z

Sponsor

Sen. Cruz, Ted [R-TX] (R-TX)

14 cosponsors

Recent actions

2025-03-12 — Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.
2025-03-11 — Papers returned to Senate pursuant to H. Res. 212
2025-03-10 — Received in the House
2025-03-10 — Held at the Desk
2025-03-06 — Message on Senate action sent to the House.
2025-03-04 — Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 70 - 27. Record Vote Number: 102.
2025-03-04 — Passed Senate without amendment by Yea-Nay Vote. 70 - 27. Record Vote Number: 102. (text: CR S1488)
2025-03-04 — Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 70 - 28. Record Vote Number: 101. (CR S1470-1471)
2025-03-04 — Measure laid before Senate by motion. (consideration: CR S1471, S1477, S1485-1488)
2025-02-12 — Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).

Subjects

Administrative law and regulatory procedures
Congressional oversight
Currency
Digital media
Financial services and investments
Internal Revenue Service (IRS)
Tax administration and collection, taxpayers

Related bills

Text sections (1 indexed passages)

(untitled section)

081e654 2026-10-03