Signed into lawHouse 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".

Summary · Congressional Research Service (nonpartisan)

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.

This summary describes the bill as introduced. It has been amended 2 times since — the current text may differ. View latest version
Introduced Jan 21, 2025Last action Apr 10, 2025GovTrack

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Latest version: Enrolled Bill (Apr 16, 2026)

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