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.
Motion to reconsider laid on the table Agreed to without objection.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).
Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).
Placed on Senate Legislative Calendar under General Orders. Calendar No. 11.
Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 70 - 28. Record Vote Number: 101. (CR S1470-1471)
Roll Call #101 (Senate)Measure laid before Senate by motion. (consideration: CR S1471, S1477, S1485-1488)
Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 70 - 27. Record Vote Number: 102.
Roll Call #102 (Senate)Passed Senate without amendment by Yea-Nay Vote. 70 - 27. Record Vote Number: 102. (text: CR S1488)
Roll Call #102 (Senate)Message on Senate action sent to the House.
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Received in the House
Held at the Desk
Papers returned to Senate pursuant to H. Res. 212
Message received in Senate: Returned to the Senate pursuant to the provisions of H.Res. 212.