Nullifies the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued…
S.J.Res. 3119th Congress

Nullifies the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued…

Passed the SenateSen. Ted Cruz (R-TX)1 section · 1 min read
Version: Engrossed in Senate · Mar 4, 2025

Full Text

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S.J. Res. 3 Engrossed in Senate (ES)]

119th CONGRESS 1st Session S. J. RES. 3

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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".

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales" (89 Fed. Reg. 106928 (December 30, 2024)), and such rule shall have no force or effect.

Passed the Senate March 4, 2025.

Attest:

Secretary. 119th CONGRESS

1st Session

S. J. RES. 3

_______________________________________________________________________

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".

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